Arctic Star Exploration (CVE:ADD) Stock Price Down 20% – Time to Sell?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares traded down 20% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 535,257 shares were traded during mid-day trading, an increase of 190% from the average session volume of 184,877 shares. The stock had previously closed at C$0.03.

Arctic Star Exploration Stock Performance

The stock has a 50-day moving average of C$0.01 and a 200 day moving average of C$0.01. The firm has a market capitalization of C$4.46 million, a P/E ratio of -1.50 and a beta of 1.56. 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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