Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) shares dropped 25% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 131,296 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 167,142 shares. The stock had previously closed at C$0.02.
Arctic Star Exploration Price Performance
The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52. The firm has a fifty day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The stock has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56.
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.
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