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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price shot up 50% 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 Performance

The company has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The company’s 50 day moving average is C$0.01 and its 200-day moving average is C$0.02. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52.

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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