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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report)’s stock price traded 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 changed hands 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 Price Performance

The company has a 50 day moving average price of C$0.02 and a 200-day moving average price of C$0.01. The company has a market cap of C$2.23 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a quick ratio of 3.10, a current ratio of 0.32 and a debt-to-equity ratio of 4.52.

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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