Star Diamond (TSE:DIAM) Hits New 12-Month Low – Here’s Why

by · The Markets Daily

Star Diamond Co. (TSE:DIAMGet Free Report)’s stock price reached a new 52-week low on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 112750 shares changing hands. The stock had previously closed at C$0.04.

Star Diamond Price Performance

The firm has a market cap of C$21.61 million, a price-to-earnings ratio of -3.50 and a beta of 1.94. The business’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.06. The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05.

About Star Diamond

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Star Diamond Corporation engages in the exploration, development, and production of diamonds in Canada. The company's principal mineral properties include the Star Kimberlite property and the Orion South Kimberlite property located in Fort à la Corne area of Saskatchewan, Canada. It also holds a 50% interest in the Buffalo Hills project located in north central Alberta, Canada.

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