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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price dropped 25% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 258,296 shares changed hands during mid-day trading, an increase of 47% from the average daily volume of 175,609 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Down 25.0 %

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 company has a market cap of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The business’s 50 day moving average is C$0.01 and its 200 day moving average is 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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