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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price was up 50% on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 1,242,000 shares traded hands during mid-day trading, an increase of 462% from the average daily volume of 220,857 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Trading Up 50.0 %

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 business’s fifty day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.02. The stock has a market capitalization of C$3.35 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.

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