Shares of Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) dropped 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 258,296 shares were traded during 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 Performance
The firm’s fifty day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. The company has a market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.
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.
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