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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) traded down 33.3% during mid-day trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01. 166,000 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 283,702 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The firm’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02. The firm has a market cap of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. 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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