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

Shares of Arctic Star Exploration Corp. (CVE:ADD) traded up 50% during trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 170,000 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 285,976 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Price Performance

The stock has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The company’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52.

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.