Arctic Star Exploration Corp (CVE:ADD)’s share price was up 11.8% during trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 1,002,500 shares were traded during mid-day trading, an increase of 79% from the average daily volume of 559,118 shares. The stock had previously closed at C$0.09.
The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.58 and a current ratio of 0.73. The firm has a market cap of $9.47 million and a P/E ratio of -2.50.
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Arctic Star Exploration Corp., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada and Finland. The company primarily explores for diamond and niobium/rare earth deposits. Its flagship project is the Timantti diamond project covering an area of 243 hectares exploration permit and 193,700 hectares exploration reservation located in Finland.
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