Shares of Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) rose 50% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 1,022,000 shares were traded during mid-day trading, an increase of 440% from the average daily volume of 189,429 shares. The stock had previously closed at C$0.01.
Arctic Star Exploration Stock Performance
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 market cap of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The stock’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is C$0.02.
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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