Arctic Star Exploration (CVE:ADD) Trading Down 20% – What’s Next?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price fell 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 495,257 shares changed hands during mid-day trading, an increase of 169% from the average session volume of 184,026 shares. The stock had previously closed at C$0.03.

Arctic Star Exploration Price Performance

The stock’s fifty day moving average is C$0.01 and its 200-day 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 stock has a market capitalization of C$4.46 million, a P/E ratio of -1.50 and a beta of 1.56.

Arctic Star Exploration Company Profile

(Get Free Report)

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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