Arctic Star Exploration (CVE:ADD) Sets New 52-Week Low – Time to Sell?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) hit a new 52-week low on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000 shares traded. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Performance

The company has a market capitalization of C$3.35 million, a PE ratio of -1.50 and a beta of 1.56. The business’s fifty day moving average is C$0.01 and its two-hundred day moving average is C$0.02. The company has a current ratio of 0.32, a quick ratio of 3.10 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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