Arctic Star Exploration (CVE:ADD) Trading 33.3% Higher – Still a Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price rose 33.3% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 1,065,028 shares traded hands during mid-day trading, an increase of 575% from the average daily volume of 157,888 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The company has a fifty day moving average price of C$0.01 and a two-hundred day moving average price of 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 company has a market capitalization of C$4.46 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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