Arctic Star Exploration (CVE:ADD) Shares Up 50% – Time to Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shot up 50% during trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. 126,225 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 308,083 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Price Performance

The stock has a market cap of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The company has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.01. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52.

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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