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

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) were up 50% on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 126,225 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 308,083 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Stock Up 50.0%

The stock has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. 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 firm’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.01.

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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