Arctic Star Exploration (CVE:ADD) Stock Price Up 50% – Should You Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) traded up 50% on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. 1,022,000 shares changed hands during mid-day trading, an increase of 440% from the average session volume of 189,429 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Trading Up 50.0 %

The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52. The firm has a market cap of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The firm has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.02.

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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