Arctic Star Exploration (CVE:ADD) Stock Price Up 50% – What’s Next?

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shot 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 were traded during mid-day 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 Stock Up 50.0 %

The stock has a 50-day moving average of C$0.01 and a 200-day moving average of 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 price-to-earnings 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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