Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) shares shot up 50% on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 1,022,000 shares changed hands during mid-day trading, an increase of 440% from the average session volume of 189,429 shares. The stock had previously closed at C$0.01.
Arctic Star Exploration Price Performance
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 business has a 50 day simple moving average of C$0.01 and a 200-day simple moving average of C$0.02. 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.
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.
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