Arctic Star Exploration (CVE:ADD) Sets New 52-Week Low – Should You Sell?

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 155000 shares trading hands. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The company’s 50-day moving average is C$0.01 and its 200 day moving average is C$0.02. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52. The firm has a market cap of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56.

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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