Arctic Star Exploration (CVE:ADD) Stock Price Down 33.3% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADD)’s stock price traded down 33.3% on Monday . The company traded as low as C$0.01 and last traded at C$0.01. 1,469,800 shares changed hands during mid-day trading, an increase of 679% from the average session volume of 188,584 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

The stock has a fifty day moving average of C$0.01 and a 200-day moving average of C$0.01. The firm 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 quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52.

About Arctic Star Exploration

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.