Shares of Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) dropped 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 535,257 shares traded hands during trading, an increase of 190% from the average daily volume of 184,877 shares. The stock had previously closed at C$0.03.
Arctic Star Exploration Trading Down 20.0 %
The firm has a market cap of C$4.46 million, a P/E ratio of -1.50 and a beta of 1.56. The firm has a fifty day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10.
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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