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

Arctic Star Exploration Corp. (CVE:ADD)’s stock price traded down 33.3% on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. 1,469,800 shares changed hands during 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 market cap of C$2.23 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52. The company’s fifty day moving average is C$0.01 and its two-hundred 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.