Arctic Star Exploration (CVE:ADD) Trading 50% Higher – Time to Buy?

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shot up 50% during trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. 1,242,000 shares traded hands during trading, an increase of 462% from the average session volume of 220,857 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Stock Performance

The stock has a market cap of C$3.35 million, a P/E 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. The company has a fifty day moving average of C$0.01 and a 200 day moving average of C$0.02.

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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