Arctic Star Exploration (CVE:ADD) Shares Up 50% – Time to Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares were up 50% on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 126,225 shares were traded during trading, a decline of 59% from the average daily volume of 308,083 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 price-to-earnings ratio of -1.50 and a beta of 1.56. The business’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.01. 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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