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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price was down 33.3% during trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 117,000 shares traded hands during trading, a decline of 60% from the average daily volume of 293,942 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

The stock’s 50 day moving average is C$0.01 and its two-hundred day moving average is C$0.02. The stock has a market capitalization of C$2.23 million, a PE 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.

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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