Star Diamond (TSE:DIAM) Stock Price Up 18.2% – Still a Buy?

Shares of Star Diamond Co. (TSE:DIAM) shot up 18.2% on Friday . The company traded as high as C$0.07 and last traded at C$0.07. 214,000 shares changed hands during trading, a decline of 35% from the average session volume of 327,172 shares. The stock had previously closed at C$0.06.

Star Diamond Stock Up 36.4 %

The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05. The firm has a market cap of C$46.32 million, a PE ratio of -7.50 and a beta of 1.94. The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04.

Insider Buying and Selling at Star Diamond

In related news, Director Lisa K. Riley bought 1,000,000 shares of Star Diamond stock in a transaction on Friday, February 28th. The stock was acquired at an average price of C$0.06 per share, with a total value of C$60,000.00. Insiders own 31.00% of the company’s stock.

About Star Diamond

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.