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

Arctic Star Exploration Corp. (CVE:ADD)’s share price fell 33.3% during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 166,000 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 284,025 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Price Performance

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

About Arctic Star Exploration

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.