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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares rose 50% on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 1,242,000 shares traded hands 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 Trading Up 50.0 %

The stock has a fifty day simple moving average of C$0.01 and a 200 day simple moving average of C$0.02. 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 company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52.

Arctic Star Exploration Company Profile

(Get Free Report)

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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