Shares of Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) were down 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 495,257 shares traded hands during mid-day trading, an increase of 185% from the average daily volume of 173,920 shares. The stock had previously closed at C$0.03.
Arctic Star Exploration Stock 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 firm has a market capitalization of C$4.46 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The firm’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01.
About Arctic Star Exploration
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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