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

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

Arctic Star Exploration Stock Performance

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 has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.02. The stock has a market capitalization of C$2.23 million, a P/E ratio of -1.50 and a beta of 1.56.

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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