Shares of Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) shot up 50% during trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. 126,225 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 308,083 shares. The stock had previously closed at C$0.01.
Arctic Star Exploration Price Performance
The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. 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 has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.01.
About Arctic Star Exploration
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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