Arctic Star Exploration (CVE:ADD) Trading Down 20% – Time to Sell?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price fell 20% during 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 company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. The stock has a market capitalization of C$4.46 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01.

Arctic Star Exploration Company Profile

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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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