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

Shares of Arctic Star Exploration Corp. (CVE:ADD) were down 33.3% during trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 1,469,800 shares changed hands 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 Price Performance

The company has a market cap of C$3.35 million, a P/E 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. The stock has a 50-day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01.

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.