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

Arctic Star Exploration Corp. (CVE:ADD)’s stock price traded down 33.3% during mid-day 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 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 capitalization of C$2.23 million, a PE ratio of -1.50 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32.

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.