Arctic Star Exploration (CVE:ADD) Reaches New 1-Year Low – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 6050 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

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 fifty day moving average price is C$0.01 and its two-hundred day moving average price is C$0.02. The stock has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56.

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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