Arctic Star Exploration (CVE:ADD) Trading 50% Higher – Should You Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) rose 50% on Wednesday . The stock 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 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 company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52. The stock’s 50-day moving average is C$0.01 and its 200-day moving average 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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