Arctic Star Exploration (CVE:ADD) Trading Up 50% – Should You Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price traded up 50% on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 170,000 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 285,976 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Stock Performance

The firm has a 50 day simple moving average of C$0.01 and a 200-day simple moving average of C$0.02. The company has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10.

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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