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

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. 1,242,000 shares changed 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 Stock Up 50.0 %

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 company has a market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The firm has a 50-day moving average price of C$0.01 and a two-hundred day moving average price of C$0.02.

Arctic Star Exploration Company Profile

(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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