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

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) fell 25% during mid-day trading on Thursday . The company 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 stock has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The business has a fifty day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. 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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