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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) rose 50% during mid-day trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 170,000 shares were traded during mid-day 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 Stock Performance

The business has a 50-day moving average price of C$0.01 and a 200-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. The firm has a market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.

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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