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

Arctic Star Exploration Corp. (CVE:ADD) shares traded down 33.3% on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. 166,000 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 284,025 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Down 33.3 %

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 firm’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is C$0.02. 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.

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.