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

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shot up 50% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 170,000 shares traded hands during trading, a decline of 41% from the average session volume of 285,876 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Stock Up 50.0 %

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 company has a market cap of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10.

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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