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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares traded up 50% during trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. 1,242,000 shares traded hands during mid-day trading, an increase of 462% from the average session volume of 220,857 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Trading Up 50.0 %

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 business’s 50 day moving average is C$0.01 and its two-hundred day moving average is C$0.02. The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52.

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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