Arctic Star Exploration Corp. (CVE:ADD – Get Free Report) dropped 25% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 258,296 shares traded hands during mid-day trading, an increase of 47% from the average daily volume of 175,609 shares. The stock had previously closed at C$0.02.
Arctic Star Exploration Stock Down 25.0 %
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 company has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. The firm has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56.
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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