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

Arctic Star Exploration Corp. (CVE:ADD)’s share price fell 33.3% during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. 1,469,800 shares traded 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 Stock Up 50.0 %

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 stock has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The firm’s 50-day moving average is C$0.01 and its 200 day moving average is C$0.01.

Arctic Star Exploration Company Profile

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.