Arctic Star Exploration (CVE:ADD) Sets New 1-Year Low – Time to Sell?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) hit a new 52-week low on Wednesday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 6050 shares changing hands. The stock had previously closed at C$0.02.

Arctic Star Exploration Trading Down 25.0 %

The stock has a fifty day moving average of C$0.01 and a two-hundred day moving average of C$0.02. The company has a market capitalization of C$3.35 million, a PE 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.

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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