Arctic Star Exploration (CVE:ADD) Shares Up 50% – Time to Buy?

Arctic Star Exploration Corp. (CVE:ADD)’s share price traded up 50% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 170,000 shares were traded during mid-day trading, a decline of 41% from the average session volume of 285,976 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Stock Performance

The company has a market cap of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The stock has a 50 day moving average price of C$0.01 and a two-hundred day moving average price of C$0.02. 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

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.