Star Diamond Co. (TSE:DIAM – Get Free Report)’s stock price was up 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 163,126 shares traded hands during trading, a decline of 26% from the average daily volume of 221,065 shares. The stock had previously closed at C$0.02.
Star Diamond Stock Up 25.0%
The company has a market cap of C$19.35 million, a price-to-earnings ratio of -2.50 and a beta of -0.57. 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 firm’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03.
About Star Diamond
Star Diamond is a Canadian natural resource company focused on exploring and evaluating Saskatchewan’s diamond resources. Star Diamond holds a 100% interest in the Fort à la Corne Project, (FALC Project, which includes the Star – Orion South Diamond Project, or the “Project”). These properties are in central Saskatchewan, near established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future possible mine development. The Company also holds a 100% interest in the exploration and evaluation properties of the Buffalo Hills Diamond Project (the “BH Project”) located approximately 400 kilometres northwest of Edmonton, Alberta, Canada.
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