Arctic Star Exploration (CVE:ADD) Shares Down 33.3% – Here’s What Happened

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares dropped 33.3% on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 1,469,700 shares changed hands during trading, an increase of 989% from the average daily volume of 134,925 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 stock has a market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The business’s 50 day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01.

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.

Further Reading

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