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

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

Arctic Star Exploration Stock Performance

The stock has a market cap of C$2.23 million, a P/E ratio of -1.50 and a beta of 1.56. 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’s 50 day moving average is C$0.02 and its 200 day 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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