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

Shares of Arctic Star Exploration Corp. (CVE:ADDGet Free Report) traded down 33.3% during trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. 1,469,800 shares were traded during mid-day trading, an increase of 679% from the average session volume of 188,584 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 cap of C$2.23 million, a P/E ratio of -1.50 and a beta of 1.56. The firm’s fifty day simple moving average is C$0.01 and its 200 day simple 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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