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

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) were down 33.3% during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 166,000 shares were traded during mid-day 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 Trading Up 50.0 %

The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. The firm has a market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The firm’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02.

Arctic Star Exploration Company Profile

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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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