Arctic Star Exploration (CVE:ADD) Stock Price Down 20% – Should You Sell?

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) were down 20% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 535,257 shares were traded during trading, an increase of 190% from the average daily volume of 184,877 shares. The stock had previously closed at C$0.03.

Arctic Star Exploration Trading Down 20.0 %

The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52. The firm has a market capitalization of C$4.46 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The firm’s 50 day moving average is C$0.01 and its 200 day moving average is C$0.01.

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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