Arctic Star Exploration (CVE:ADD) Trading 25% Higher – Still a Buy?

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) traded up 25% during trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 1,049,003 shares traded hands during trading, an increase of 492% from the average session volume of 177,260 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Up 25.0 %

The company’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. 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 firm has a market cap of C$5.58 million, a P/E ratio of -1.50 and a beta of 1.56.

Arctic Star Exploration Company Profile

(Get Free Report)

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.

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