Arctic Star Exploration (CVE:ADD) Shares Up 33.3% – Still a Buy?

Arctic Star Exploration Corp. (CVE:ADD) was up 33.3% on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 1,065,028 shares changed hands during trading, an increase of 575% from the average daily volume of 157,888 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

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 fifty day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. The stock has a market cap of C$4.46 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.