Arctic Star Exploration (CVE:ADD) Trading 25% Higher – Time to Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price shot up 25% during mid-day trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 1,049,003 shares changed hands during trading, an increase of 492% from the average session volume of 177,260 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

The firm has a 50 day moving average of C$0.01 and a 200-day moving average of C$0.01. 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 company has a market cap of C$5.58 million, a P/E ratio of -1.50 and a beta of 1.56.

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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