Arctic Star Exploration (CVE:ADD) Hits New 52-Week Low – Time to Sell?

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000 shares traded. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The firm has a market capitalization of C$2.23 million, a PE ratio of -1.50 and a beta of 1.56. The firm’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32.

About Arctic Star Exploration

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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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