Arctic Star Exploration (CVE:ADD) Trading Down 33.3% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price was down 33.3% on Monday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 166,000 shares traded hands during trading, a decline of 42% from the average daily volume of 284,025 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The business’s 50 day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.02. The firm has a market capitalization of C$2.23 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

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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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