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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) was up 50% during mid-day trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 126,225 shares were traded during mid-day 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 company’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.01. 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 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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