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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares rose 50% during mid-day trading on Thursday . 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 Price Performance

The firm has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The stock’s fifty day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10.

Arctic Star Exploration Company Profile

(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.

Further Reading

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