Arctic Star Exploration (CVE:ADD) Trading 50% Higher – Here’s What Happened

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) rose 50% on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 170,000 shares traded hands during trading, a decline of 41% from the average daily volume of 285,976 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Trading Up 50.0 %

The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. The firm has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The business has a fifty day simple moving average of C$0.01 and a 200-day simple moving average of C$0.02.

About Arctic Star Exploration

(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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