Star Diamond (TSE:DIAM) Hits New 12-Month Low – Here’s Why

Star Diamond Co. (TSE:DIAMGet Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 25105 shares traded. 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 business has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The firm has a market capitalization of C$19.35 million, a PE ratio of -2.50 and a beta of -0.45.

Star Diamond (TSE:DIAMGet Free Report) last posted its quarterly earnings data on Monday, March 30th. The company reported C($0.00) earnings per share (EPS) for the quarter.

Star Diamond Company Profile

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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.

Further Reading

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