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

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shot up 50% on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 1,242,000 shares were traded during trading, an increase of 462% from the average session volume of 220,857 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Price Performance

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

Further Reading

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