Arctic Star Exploration (CVE:ADD) Stock Price Up 25% – Time to Buy?

Arctic Star Exploration Corp. (CVE:ADD) shares traded up 25% during mid-day trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 1,049,003 shares traded hands during trading, an increase of 492% from the average session volume of 177,260 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Down 20.0 %

The business has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.01. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52. The stock has a market capitalization of C$4.46 million, a P/E ratio of -1.50 and a beta of 1.56.

About Arctic Star Exploration

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.