Arctic Star Exploration (CVE:ADD) Trading 25% Higher – Still a Buy?

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

Arctic Star Exploration Stock Down 20.0 %

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 debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. The company has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average 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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