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

Arctic Star Exploration Corp. (CVE:ADD) shares traded up 50% on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. 170,000 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 285,976 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 firm has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The firm’s 50-day simple moving average is C$0.01 and its 200-day simple moving average is C$0.02.

Arctic Star Exploration Company Profile

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.