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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share 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 were traded during mid-day 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 Stock Performance

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’s 50 day moving average is C$0.01 and its 200-day moving average is C$0.02. The company has a market capitalization of C$3.35 million, a P/E 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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