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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price traded up 50% on Wednesday . 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 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 price-to-earnings ratio of -1.50 and a beta of 1.56. The stock’s fifty day moving average price is C$0.01 and its 200-day moving average price is C$0.02.

About Arctic Star Exploration

(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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