Arctic Star Exploration (CVE:ADD) Stock Price Down 20% – Here’s What Happened

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

Arctic Star Exploration Stock Down 20.0 %

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 company has a market capitalization of C$4.46 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 two-hundred day simple moving average is C$0.01.

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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