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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price was up 50% during mid-day trading on Wednesday . The company 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 285,876 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Price Performance

The stock’s fifty day moving average price is C$0.01 and its 200-day moving average price is C$0.02. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. The firm has a market cap of C$3.35 million, a PE 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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