North Arrow Minerals (CVE:NAR) Shares Down 8.3%

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North Arrow Minerals Inc (CVE:NAR)’s stock price dropped 8.3% during mid-day trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06, approximately 66,000 shares traded hands during trading. An increase of 22% from the average daily volume of 54,185 shares. The stock had previously closed at C$0.06.

The firm has a market cap of $6.64 million and a price-to-earnings ratio of -5.00. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.88 and a quick ratio of 2.80. The stock has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.07.

About North Arrow Minerals (CVE:NAR)

North Arrow Minerals Inc engages in the acquisition and exploration of diamond properties in Canada. It primarily holds interests in the Naujaat, Mel, and Luxx projects located in Nunavut; the Pikoo project located in east central Saskatchewan; and the Loki and Lac de Gras projects located in Lac de Gras, Northwest Territories.

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