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

Arctic Star Exploration Corp. (CVE:ADD)’s stock price traded down 33.3% during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. 166,000 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 284,025 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

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$2.23 million, a P/E ratio of -1.50 and a beta of 1.56. The company has a fifty day moving average of C$0.01 and a 200 day moving average of C$0.02.

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.