Arctic Star Exploration (CVE:ADD) Trading Up 50% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) was up 50% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 170,000 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 285,976 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Price Performance

The stock has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. 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’s fifty day simple moving average is C$0.01 and its two-hundred day simple moving average 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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