Arctic Star Exploration (CVE:ADD) Trading Down 33.3% – Here’s What Happened

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) fell 33.3% during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. 166,000 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 284,025 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Down 33.3 %

The stock’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.02. The stock has a market cap of C$2.23 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52.

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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