Arctic Star Exploration (CVE:ADD) Trading Up 25% – Should You Buy?

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

Arctic Star Exploration Stock Up 25.0 %

The company’s fifty day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The firm has a market capitalization of C$5.58 million, a PE ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10.

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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