Arctic Star Exploration (CVE:ADD) Hits New 52-Week Low – What’s Next?

Arctic Star Exploration Corp. (CVE:ADDGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 155000 shares. The stock had previously closed at C$0.02.

Arctic Star Exploration Stock Down 33.3 %

The company has a debt-to-equity ratio of 4.52, a current ratio of 0.32 and a quick ratio of 3.10. 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 50 day moving average of C$0.01 and a 200-day moving average of C$0.02.

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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