Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) rose 50% during trading on Friday . 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 Stock Up 50.0 %
The firm’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02. The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52. 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.
Arctic Star Exploration Company Profile
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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