Diamcor Mining (CVE:DMI) Sets New 1-Year Low – Here’s Why

Shares of Diamcor Mining Inc. (CVE:DMIGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 173000 shares changing hands. The stock had previously closed at C$0.04.

Diamcor Mining Trading Down 14.3 %

The stock has a market capitalization of C$5.06 million, a P/E ratio of -0.75 and a beta of 1.38. The firm’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The company has a debt-to-equity ratio of 617.97, a current ratio of 0.05 and a quick ratio of 0.13.

Diamcor Mining Company Profile

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Diamcor Mining Inc, a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa.

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