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

by · The Markets Daily

Star Diamond Co. (TSE:DIAM – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 12640 shares. The stock had previously closed at C$0.05.

Star Diamond Trading Down 11.1 %

The firm’s 50 day moving average price is C$0.05 and its 200-day moving average price is C$0.06. The company has a debt-to-equity ratio of 2.05, a current ratio of 2.06 and a quick ratio of 17.99. The stock has a market cap of C$24.70 million, a P/E ratio of -4.50 and a beta of 1.94.

Star Diamond Company Profile

(Get Free Report)

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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