Arctic Star Exploration (CVE:ADD) Stock Price Up 50% – Here’s What Happened

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price traded up 50% during trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 170,000 shares were traded 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 company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. The company has a market cap of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The stock’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is 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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