Arctic Star Exploration (CVE:ADD) Shares Down 25% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADD)’s share price fell 25% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 258,296 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 175,609 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

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 stock has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The company has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01.

Arctic Star Exploration Company Profile

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.