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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) fell 33.3% on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. 166,000 shares traded hands during 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 capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The business has a 50-day simple moving average of C$0.01 and a 200-day simple moving average of C$0.02. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10.

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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