Arctic Star Exploration (CVE:ADD) Trading 50% Higher – Here’s What Happened

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) rose 50% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 170,000 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 285,976 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Price Performance

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$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The company’s 50-day moving average is C$0.01 and its two-hundred day moving average is C$0.02.

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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