Karelian Diamond Resources Plc (LON:KDR – Get Free Report) dropped 13.6% during trading on Monday. The company traded as low as GBX 0.65 and last traded at GBX 0.65. Approximately 2,035,619 shares traded hands during mid-day trading, an increase of 169% from the average daily volume of 757,338 shares. The stock had previously closed at GBX 0.76.
Karelian Diamond Resources Stock Down 13.6%
The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.33. The company has a 50 day simple moving average of GBX 0.80 and a two-hundred day simple moving average of GBX 0.71. The firm has a market capitalization of £1.28 million, a P/E ratio of -3.84 and a beta of 0.42.
About Karelian Diamond Resources
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. The company also explores for nickel, copper, and platinum metals in Northern Ireland. Karelian Diamond Resources Plc was incorporated in 2004 and is headquartered in Dublin, Ireland.
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