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

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) traded down 25% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 71,296 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 163,142 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. The firm’s 50 day moving average is C$0.01 and its 200-day moving average is C$0.01. The firm has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.

Arctic Star Exploration Company Profile

(Get Free Report)

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.

Further Reading

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