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

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

Arctic Star Exploration Stock Performance

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

Arctic Star Exploration Company Profile

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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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