Arctic Star Exploration (CVE:ADD) Shares Up 25% – Should You Buy?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) rose 25% on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 1,049,003 shares changed hands during mid-day trading, an increase of 492% from the average daily volume of 177,260 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

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 firm has a market capitalization of C$4.46 million, a PE ratio of -1.50 and a beta of 1.56. The company has a 50-day moving average price of C$0.01 and a 200-day moving average price of C$0.01.

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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