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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price traded up 50% during mid-day trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. 1,242,000 shares traded hands during trading, an increase of 462% from the average session volume of 220,857 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Price Performance

The company has a market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company 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 debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32.

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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