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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price 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 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 Performance

The stock 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 simple moving average of C$0.01 and a 200-day simple moving average of 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.

Arctic Star Exploration Company Profile

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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.

Further Reading

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