Arctic Star Exploration (CVE:ADD) Stock Price Up 25% – Here’s What Happened

by · The Cerbat Gem

Arctic Star Exploration Corp. (CVE:ADD – Get Free Report)’s share price shot up 25% on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. 1,049,003 shares changed 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 Price Performance

The firm has a 50-day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. The firm has a market cap of C$4.46 million, a P/E ratio of -1.50 and a beta of 1.56. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52.

About Arctic Star Exploration

(Get Free Report)

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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