Arctic Star Exploration (CVE:ADD) Trading Down 25% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) dropped 25% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 258,296 shares changed hands during trading, an increase of 47% from the average daily volume of 175,609 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

The firm has a fifty day moving average of C$0.01 and a two-hundred day moving average of C$0.01. The stock has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10.

Arctic Star Exploration Company Profile

(Get Free Report)

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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