Arctic Star Exploration (CVE:ADD) Stock Price Up 50% – Here’s What Happened

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares were up 50% during trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 1,242,000 shares were traded 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 Stock Performance

The business has a 50-day moving average of C$0.01 and a 200 day moving average of C$0.02. 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 company has a market cap of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56.

Arctic Star Exploration Company Profile

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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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