Star Diamond Co. (TSE:DIAM – Get Free Report) shot up 25% on Friday. The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 196,550 shares traded hands during trading, a decline of 1% from the average session volume of 198,105 shares. The stock had previously closed at C$0.02.
Star Diamond Trading Up 25.0%
The company’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03. The company has a debt-to-equity ratio of 2.05, a quick ratio of 17.99 and a current ratio of 2.06. The company has a market capitalization of C$19.35 million, a P/E ratio of -2.50 and a beta of -0.34.
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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