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

Arctic Star Exploration Corp. (CVE:ADD)’s stock price was up 50% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 170,000 shares traded hands during trading, a decline of 41% from the average daily volume of 285,976 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Trading Up 50.0 %

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 stock has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The business has a 50 day simple moving average of C$0.01 and a 200-day simple moving average of C$0.02.

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.