Arctic Star Exploration (CVE:ADD) Stock Price Down 33.3% – Should You Sell?

by · The Cerbat Gem

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares fell 33.3% during trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. 166,000 shares traded hands during trading, a decline of 42% from the average session volume of 284,025 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Trading Down 33.3 %

The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. The stock has a 50-day moving average price of C$0.01 and a two-hundred day moving average price of C$0.02. The stock has a market cap of C$2.23 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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