Arctic Star Exploration Corp. (CVE:ADD – Get Free Report)’s stock price rose 50% during mid-day trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 1,242,000 shares traded hands during trading, an increase of 462% from the average daily volume of 220,857 shares. The stock had previously closed at C$0.01.
Arctic Star Exploration Stock 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 50-day simple moving average of C$0.01 and a 200 day simple moving average of C$0.02. The company has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.
About Arctic Star Exploration
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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