Arctic Star Exploration (CVE:ADD) Stock Price Down 25% – What’s Next?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) traded down 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 71,296 shares changed hands during trading, a decline of 56% from the average session volume of 163,142 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The company’s fifty day moving average price is C$0.01 and its two-hundred day moving average price 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. The firm has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56.

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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