Arctic Star Exploration (CVE:ADD) Shares Up 100% – Here’s Why

Shares of Arctic Star Exploration Corp. (CVE:ADD) were up 100% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 1,002,000 shares traded hands during mid-day trading, an increase of 437% from the average daily volume of 186,571 shares. The stock had previously closed at C$0.01.

Arctic Star Exploration Trading Up 50.0 %

The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52. 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 firm’s fifty day moving average is C$0.01 and its two-hundred day moving average is C$0.02.

Arctic Star Exploration Company Profile

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.