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

Arctic Star Exploration Corp. (CVE:ADD) traded down 33.3% during trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. 1,469,800 shares were traded during mid-day trading, an increase of 679% from the average session volume of 188,584 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Up 50.0 %

The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. The stock has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The firm has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average 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.