Star Diamond (TSE:DIAM) Trading 16.7% Higher – Time to Buy?

Star Diamond Co. (TSE:DIAMGet Free Report) rose 16.7% during mid-day trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 497,770 shares traded hands during mid-day trading, an increase of 88% from the average daily volume of 265,073 shares. The stock had previously closed at C$0.03.

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’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.04. The company has a market capitalization of C$26.89 million, a price-to-earnings ratio of -3.50 and a beta of 0.78.

Star Diamond (TSE:DIAMGet Free Report) last issued its quarterly earnings results on Tuesday, November 11th. The company reported C$0.00 EPS for the quarter.

Star Diamond Company Profile

(Get Free Report)

Star Diamond Corp is a Canadian natural resource company. The principal activities of the company are the exploration, development, and production of diamonds. The company owns an interest in the Star-Orion South Diamond project, and Fort a la Corne Diamond District properties located in central Saskatchewan; and Buffalo Hills property located in the northwest of Edmonton.

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