Arctic Star Exploration (CVE:ADD) Stock Price Up 33.3% – Here’s What Happened

Arctic Star Exploration Corp. (CVE:ADD) shares shot up 33.3% on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. 1,065,028 shares traded hands during trading, an increase of 575% from the average session volume of 157,888 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The stock has a market capitalization of C$4.46 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52. The firm has a 50-day moving average of C$0.01 and a 200-day moving average of C$0.01.

Arctic Star Exploration Company Profile

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.