Arctic Star Exploration (CVE:ADD) Shares Up 25% – Here’s Why

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) traded up 25% during mid-day trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. 1,049,003 shares were traded during mid-day 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 Trading Up 25.0 %

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 stock has a 50-day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. The company has a market cap of C$5.58 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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