Star Diamond (TSE:DIAM) Trading 25% Higher – What’s Next?

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price traded up 25% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 284,114 shares traded hands during trading, a decline of 21% from the average session volume of 359,209 shares. The stock had previously closed at C$0.02.

Star Diamond Stock Performance

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 company has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04. The firm has a market cap of C$15.44 million, a price-to-earnings ratio of -2.50 and a beta of 1.94.

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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