Arctic Star Exploration (CVE:ADD) Shares Up 33.3% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price shot up 33.3% on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 1,065,028 shares were traded during mid-day trading, an increase of 575% from the average session volume of 157,888 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Up 33.3 %

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 business’s 50-day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The company has a market capitalization of C$4.46 million, a PE ratio of -1.50 and a beta of 1.56.

About Arctic Star Exploration

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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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