Arctic Star Exploration (CVE:ADD) Shares Down 33.3% – What’s Next?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) fell 33.3% on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. 166,000 shares were traded 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 company has a market capitalization of C$2.23 million, a price-to-earnings 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. The business’s 50-day moving average price is C$0.01 and its two-hundred day moving average price is C$0.02.

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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