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

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

Arctic Star Exploration Stock Performance

The firm has a market cap 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. The company’s 50-day moving average is C$0.01 and its two-hundred day moving average is C$0.02.

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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