Arctic Star Exploration (CVE:ADD) Hits New 1-Year Low – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 8165 shares traded. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

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 cap of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The company has a 50-day moving average price of C$0.01 and a two-hundred day moving average price of C$0.02.

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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