Arctic Star Exploration (CVE:ADD) Trading 33.3% Higher – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price traded up 33.3% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 1,065,028 shares changed 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 Price Performance

The company’s 50-day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. 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$4.46 million, a P/E ratio of -1.50 and a beta of 1.56.

About Arctic Star Exploration

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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.

Further Reading

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