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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) shares were down 33.3% on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 4,385,100 shares were traded during trading, an increase of 1,235% from the average daily volume of 328,474 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The company has a market capitalization of C$2.23 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. The business’s fifty day simple moving average is C$0.02 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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