Shares of Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) rose 25% on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 1,041,003 shares traded hands during trading, an increase of 488% from the average daily volume of 177,087 shares. The stock had previously closed at C$0.02.
Arctic Star Exploration Stock Up 25.0 %
The company’s 50 day moving average price is C$0.01 and its 200 day moving average price is C$0.01. 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 firm has a market capitalization of C$5.58 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.
About Arctic Star Exploration
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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