Arctic Star Exploration (CVE:ADD) Shares Down 33.3% – What’s Next?

Arctic Star Exploration Corp. (CVE:ADD) was down 33.3% during trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 1,469,800 shares were traded during mid-day trading, an increase of 679% from the average daily volume of 188,584 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The company’s 50-day moving average price is C$0.01 and its 200 day moving average price is C$0.01. The stock has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32.

Arctic Star Exploration Company Profile

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.