Arctic Star Exploration (CVE:ADD) Trading Down 20% – What’s Next?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price was down 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 535,257 shares were traded during mid-day 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 Trading Down 20.0 %

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 business has a 50 day moving average price of C$0.01 and a 200-day moving average price of C$0.01. The firm has a market capitalization of C$4.46 million, a PE ratio of -1.50 and a beta of 1.56.

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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