Arctic Star Exploration (CVE:ADD) Stock Price Down 20% – Here’s What Happened

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price traded down 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 535,257 shares were traded during trading, an increase of 190% from the average session volume of 184,877 shares. The stock had previously closed at C$0.03.

Arctic Star Exploration Trading Down 20.0 %

The business has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. 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 company has a market cap of C$4.46 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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