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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price shot up 50% during mid-day trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. 1,242,000 shares traded hands 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 company has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. The company’s 50-day moving average is C$0.01 and its 200 day moving average is C$0.02.

Arctic Star Exploration Company Profile

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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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