Arctic Star Exploration (CVE:ADD) Trading Down 33.3% – Here’s What Happened

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) was down 33.3% during trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 1,469,800 shares traded hands during mid-day trading, an increase of 679% from the average daily volume of 188,584 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52. 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. The stock’s 50-day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.01.

About Arctic Star Exploration

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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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