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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price was down 33.3% during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 4,385,100 shares were traded during trading, an increase of 1,235% from the average daily volume of 328,474 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The firm has a market cap of C$2.23 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The stock’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.01. The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32.

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.

Further Reading

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