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

Arctic Star Exploration Corp. (CVE:ADD)’s stock price 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 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 market cap of C$2.23 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The firm’s 50 day simple moving average is C$0.01 and its 200-day simple moving average is C$0.02. 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

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.