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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares were down 20% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 495,257 shares were traded during mid-day trading, an increase of 169% from the average daily volume of 184,026 shares. The stock had previously closed at C$0.03.

Arctic Star Exploration Stock Performance

The company has a fifty day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The firm has a market cap of C$4.46 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10.

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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