Arctic Star Exploration (CVE:ADD) Stock Price Up 50% – Time to Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock 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 traded hands during 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 Trading Up 50.0 %

The company’s 50 day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.02. 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 company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52.

Arctic Star Exploration Company Profile

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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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