Arctic Star Exploration (CVE:ADD) Stock Price Down 20% – Here’s Why

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares fell 20% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 535,257 shares changed hands during trading, an increase of 190% from the average session volume of 184,877 shares. The stock had previously closed at C$0.03.

Arctic Star Exploration Price Performance

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 stock has a market capitalization of C$4.46 million, a PE ratio of -1.50 and a beta of 1.56. The stock’s 50 day moving average is C$0.01 and its two-hundred 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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