Arctic Star Exploration (CVE:ADD) Trading 40% Higher

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares were up 40% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 1,471,600 shares were traded during trading, an increase of 246% from the average daily volume of 425,102 shares. The stock had previously closed at C$0.03.

Arctic Star Exploration Trading Up 14.3 %

The business’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a current ratio of 0.46, a quick ratio of 3.10 and a debt-to-equity ratio of 3.40. The company has a market capitalization of C$8.92 million, a PE ratio of -4.00 and a beta of 1.92.

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. The company primarily explores for diamond and niobium/rare earth deposits. Its 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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