Arctic Star Exploration (CVE:ADD) Trading Down 25% – Here’s What Happened

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) were down 25% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 252,296 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 172,409 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

The firm has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52. The business has a 50-day moving average price of C$0.01 and a 200-day moving average price of C$0.01.

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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