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

Arctic Star Exploration Corp. (CVE:ADD) shares dropped 33.3% during trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 1,469,800 shares changed hands during mid-day trading, an increase of 679% from the average daily 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 market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The company has a 50-day moving average of C$0.01 and a two-hundred day moving average of C$0.01. The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52.

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.