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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price was up 50% on Friday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 1,022,000 shares traded hands during trading, an increase of 440% from the average daily volume of 189,429 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Trading Up 50.0 %

The firm’s 50 day moving average is C$0.01 and its 200 day moving average is 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 company has a market capitalization of C$3.35 million, a PE 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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