Arctic Star Exploration (CVE:ADD) Stock Price Down 33.3% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADD)’s share price dropped 33.3% during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 166,000 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 284,025 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Trading Up 50.0 %

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 firm has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The stock’s 50-day moving average price is C$0.01 and its 200 day moving average price is C$0.02.

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.