Arctic Star Exploration (CVE:ADD) Trading Down 25% – Here’s What Happened

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price traded down 25% during 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’s 50-day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. 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 company has a market capitalization of C$3.35 million, a P/E 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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