Arctic Star Exploration (CVE:ADD) Trading Up 50% – Still a Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price rose 50% on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 170,000 shares were traded during 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 Stock Performance

The stock 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 50-day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.02. The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32.

Arctic Star Exploration Company Profile

(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.

Further Reading

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