Arctic Star Exploration (CVE:ADD) Trading Up 50% – Still a Buy?

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) rose 50% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 1,322,000 shares changed hands during mid-day trading, an increase of 285% from the average daily volume of 343,084 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Trading Up 50.0 %

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 company’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.01. The firm has a market cap of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56.

About Arctic Star Exploration

(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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