Arctic Star Exploration (CVE:ADD) Reaches New 12-Month Low – Here’s What Happened

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) reached a new 52-week low on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 25000 shares trading hands. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Down 33.3 %

The business’s fifty day moving average price is C$0.01 and its 200 day moving average price is C$0.02. The firm has a market capitalization of C$2.23 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52.

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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