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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) dropped 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 200,296 shares were traded during trading, an increase of 17% from the average daily volume of 171,142 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Trading Down 25.0 %

The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. The firm has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The business’s 50-day moving average price is C$0.01 and its two-hundred day moving average price 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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