Arctic Star Exploration (CVE:ADD) Trading 50% Higher – Should You Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price rose 50% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 1,767,193 shares traded hands during mid-day trading, an increase of 432% from the average daily volume of 332,033 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Price Performance

The company’s 50 day simple moving average is C$0.02 and its 200 day simple moving average 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 stock has a market cap of C$3.35 million, a P/E 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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