Arctic Star Exploration (CVE:ADD) Shares Down 20% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) was down 20% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 535,257 shares traded hands during trading, an increase of 190% from the average daily volume of 184,877 shares. The stock had previously closed at C$0.03.

Arctic Star Exploration Stock Down 20.0 %

The stock’s fifty day moving average is C$0.01 and its two-hundred day moving average is C$0.01. 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 has a market capitalization of C$4.46 million, a PE ratio of -1.50 and a beta of 1.56.

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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