Star Diamond (TSE:DIAM) Reaches New 52-Week Low – What’s Next?

Star Diamond Co. (TSE:DIAMGet Free Report) shares hit a new 52-week low on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 442175 shares trading hands. The stock had previously closed at C$0.03.

Star Diamond Trading Up 16.7 %

The firm has a market cap of C$21.61 million, a PE ratio of -3.50 and a beta of 1.94. The company has a quick ratio of 17.99, a current ratio of 2.06 and a debt-to-equity ratio of 2.05. The company’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.05.

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.

Further Reading

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