Arctic Star Exploration (CVE:ADD) Shares Down 33.3% – Should You Sell?

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

The stock has a 50 day moving average of C$0.01 and a 200-day moving average of C$0.01. The stock has a market capitalization of C$3.35 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.

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.