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

Arctic Star Exploration Corp. (CVE:ADD)’s stock price fell 33.3% during mid-day trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01. 166,000 shares traded hands during mid-day 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 Trading Down 33.3 %

The stock has a market capitalization of C$2.23 million, a P/E ratio of -1.50 and a beta of 1.56. 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 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.02.

About Arctic Star Exploration

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.