Karelian Diamond Resources (LON:KDR) Shares Up 22.9% – Here’s Why

Karelian Diamond Resources Plc (LON:KDRGet Free Report) shares traded up 22.9% during mid-day trading on Monday . The company traded as high as GBX 1.43 ($0.02) and last traded at GBX 1.43 ($0.02). 299,536 shares were traded during trading, an increase of 4% from the average session volume of 287,240 shares. The stock had previously closed at GBX 1.16 ($0.01).

Karelian Diamond Resources Stock Performance

The company has a quick ratio of 0.11, a current ratio of 0.06 and a debt-to-equity ratio of 1.29. The stock has a market cap of £2.10 million, a P/E ratio of -7.38 and a beta of 0.93. The stock has a fifty day simple moving average of GBX 1.19 and a 200-day simple moving average of GBX 1.39.

Karelian Diamond Resources Company Profile

(Get Free Report)

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.

Further Reading

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