Arctic Star Exploration (CVE:ADD) Hits New 1-Year Low – What’s Next?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 210000 shares changing hands. 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 quick ratio of 3.10 and a current ratio of 0.32. The company has a 50-day moving average of C$0.01 and a 200-day moving average of C$0.01. The firm has a market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.

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.

Further Reading

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