Arctic Star Exploration (CVE:ADD) Trading 50% Higher – Here’s What Happened

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price traded up 50% during mid-day trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 170,000 shares changed hands during trading, a decline of 41% from the average session 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 price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a fifty day simple moving average of C$0.01 and a 200 day simple moving average of 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.

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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