Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) shares fell 14.3% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 254,250 shares were traded during mid-day trading, a decline of 40% from the average session volume of 423,131 shares. The stock had previously closed at C$0.04.
Arctic Star Exploration Stock Performance
The firm has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The company has a quick ratio of 3.10, a current ratio of 0.46 and a debt-to-equity ratio of 3.40. The company has a market cap of C$8.92 million, a PE ratio of -4.00 and a beta of 1.92.
About Arctic Star Exploration
Arctic Star Exploration Corp., a junior natural resource company, acquires, explores, and develops mineral properties in Canada and Finland. The company primarily explores for diamond and niobium/rare earth deposits. Its 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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