Shares of Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) fell 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 535,257 shares traded hands during trading, an increase of 190% from the average session volume of 184,877 shares. The stock had previously closed at C$0.03.
Arctic Star Exploration Price Performance
The firm has a market capitalization of C$4.46 million, a P/E 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. The firm has a 50 day moving average price of C$0.01 and a 200-day moving average price of C$0.01.
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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