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

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) fell 25% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 258,296 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 175,609 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The stock’s 50-day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The stock has a market cap of C$3.35 million, a price-to-earnings ratio of -1.50 and a beta of 1.56. The company has a current ratio of 0.32, a quick ratio of 3.10 and a debt-to-equity ratio of 4.52.

Arctic Star Exploration Company Profile

(Get Free Report)

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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