Arctic Star Exploration (CVE:ADD) Stock Price Down 25% – Should You Sell?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares were down 25% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 131,296 shares changed hands during trading, a decline of 21% from the average daily volume of 167,142 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Down 25.0 %

The stock has a 50-day moving average of C$0.01 and a two-hundred day moving average of C$0.01. The company has a market cap of C$3.35 million, a P/E 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

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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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