Arctic Star Exploration (CVE:ADD) Trading 50% Higher – What’s Next?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price 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 changed 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 Stock Performance

The firm has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. The firm has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.01.

About Arctic Star Exploration

(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.

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