Arctic Star Exploration (CVE:ADD) Shares Down 25% – Should You Sell?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s share price fell 25% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 258,296 shares traded hands during trading, an increase of 47% from the average session volume of 175,609 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

The company has a market capitalization of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a 50-day moving average price of C$0.01 and a 200-day moving average price of 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.

Arctic Star Exploration Company Profile

(Get Free Report)

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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