Arctic Star Exploration (CVE:ADD) Shares Up 33.3% – Should You Buy?

Arctic Star Exploration Corp. (CVE:ADD)’s stock price shot up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 1,065,028 shares changed hands during mid-day trading, an increase of 575% from the average session volume of 157,888 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Trading Up 33.3 %

The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. The business’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The stock has a market cap of C$4.46 million, a P/E ratio of -1.50 and a beta of 1.56.

Arctic Star Exploration Company Profile

Arctic Star Exploration Corp., a junior natural resource company, acquires, explores, and develops mineral properties in Canada and Finland. It primarily explores for diamond. The company’s flagship project is the Diagras diamond project located in the north-eastern part of the prolific Lac de Gras kimberlite field.