Karelian Diamond Resources (LON:KDR) Stock Passes Below 200-Day Moving Average – Time to Sell?

Shares of Karelian Diamond Resources Plc (LON:KDRGet Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1.26 ($0.02) and traded as low as GBX 0.63 ($0.01). Karelian Diamond Resources shares last traded at GBX 0.63 ($0.01), with a volume of 826,726 shares.

Karelian Diamond Resources Trading Down 1.4 %

The firm has a 50-day moving average of GBX 1.01 and a 200 day moving average of GBX 1.26. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of £1.21 million, a price-to-earnings ratio of -4.23 and a beta of 0.93.

Karelian Diamond Resources Company Profile

(Get Free Report)

Karelian Diamond Resources Plc engages in the exploration and development of diamond deposits. It holds interests in the Lahtojoki diamond project located in the KuopioKaavi region in Finland; and the Seitaperä diamondiferous kimberlite pipe and the Riihivaara diamond projects situated in the Kuhmo area, Finland.

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