Arctic Star Exploration (CVE:ADD) Shares Down 33.3% – What’s Next?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) 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 changed hands during trading, a decline of 41% from the average daily volume of 283,702 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Down 33.3 %

The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52. The firm’s fifty day moving average price is C$0.01 and its 200-day moving average price is C$0.02. 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.

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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