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

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) rose 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 were traded 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 firm’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is C$0.02. The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52.

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.

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