Shares of Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) shot up 50% during mid-day trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. 1,242,000 shares were traded during trading, an increase of 462% from the average session volume of 220,857 shares. The stock had previously closed at C$0.01.
Arctic Star Exploration Price Performance
The stock’s 50-day moving average is C$0.01 and its 200-day moving average is C$0.02. The firm 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 quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52.
About Arctic Star Exploration
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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