Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) shares dropped 33.3% on Monday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 166,000 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 284,025 shares. The stock had previously closed at C$0.02.
Arctic Star Exploration Stock Down 33.3 %
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 debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. The business’s 50 day moving average is C$0.01 and its 200 day moving average is C$0.02.
About Arctic Star Exploration
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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