Arctic Star Exploration (CVE:ADD) Trading Up 25% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares shot up 25% during mid-day trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 1,049,003 shares were traded 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 Stock Down 20.0 %

The firm’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. The company has a market cap of C$4.46 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.

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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