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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares fell 33.3% during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. 4,385,100 shares traded hands during trading, an increase of 1,235% from the average session volume of 328,474 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The firm has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.01. 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 market capitalization of C$2.23 million, a price-to-earnings ratio of -1.50 and a beta of 1.56.

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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