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

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) dropped 33.3% on Monday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 166,000 shares traded hands during trading, a decline of 41% from the average daily volume of 283,702 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Trading Up 50.0 %

The company has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The stock has a 50 day moving average of C$0.01 and a 200-day moving average of C$0.02. 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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