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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price rose 50% on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 126,225 shares were traded during 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 Price Performance

The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52. The firm has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.01. The stock has a market capitalization of C$3.35 million, a P/E 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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