Arctic Star Exploration (CVE:ADD) Trading 33.3% Higher – Time to Buy?

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) rose 33.3% during mid-day trading on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 1,065,028 shares changed hands during mid-day trading, an increase of 575% from the average daily volume of 157,888 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Up 33.3 %

The company has a market cap of C$4.46 million, a P/E ratio of -1.50 and a beta of 1.56. 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 has a fifty day moving average of C$0.01 and a 200 day moving average of C$0.01.

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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