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

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) were 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. Approximately 166,000 shares changed hands 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 company has a debt-to-equity ratio of 4.52, a quick ratio of 3.10 and a current ratio of 0.32. The firm has a market capitalization of C$3.35 million, a P/E ratio of -1.50 and a beta of 1.56. The business has a fifty day moving average of C$0.01 and a 200-day moving average of C$0.02.

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.

Further Reading

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