Arctic Star Exploration (CVE:ADD) Shares Up 50% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price rose 50% during trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 1,242,000 shares changed hands during mid-day trading, an increase of 462% from the average daily volume of 220,857 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Trading Up 50.0 %

The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52. The business has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.02. The stock has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.

About Arctic Star Exploration

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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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