Shares of Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) were down 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 495,257 shares were traded during mid-day trading, an increase of 185% from the average daily volume of 173,920 shares. The stock had previously closed at C$0.03.
Arctic Star Exploration Trading Down 20.0 %
The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. The business has a fifty day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. The stock has a market cap of C$4.46 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.
About Arctic Star Exploration
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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