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

Shares of Arctic Star Exploration Corp. (CVE:ADD) shot up 33.3% during trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 1,065,028 shares traded hands during mid-day 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 Down 20.0 %

The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52. The business has a 50-day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. The stock has a market capitalization of C$4.46 million, a P/E ratio of -1.50 and a beta of 1.56.

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.