Diamcor Mining (CVE:DMI) Trading 10% Higher

Diamcor Mining Inc. (CVE:DMI) traded up 10% during trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. 103,000 shares traded hands during mid-day trading, an increase of 107% from the average session volume of 49,830 shares. The stock had previously closed at C$0.05.

Diamcor Mining Trading Up 10.0 %

The company has a market cap of C$7.07 million, a price-to-earnings ratio of -1.67 and a beta of 1.38. The company has a debt-to-equity ratio of 617.97, a quick ratio of 0.13 and a current ratio of 0.06. The firm has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.06.

Diamcor Mining (CVE:DMI) last announced its quarterly earnings results on Thursday, February 29th. The mining company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$0.05 million during the quarter. As a group, equities analysts predict that Diamcor Mining Inc. will post 0.1 EPS for the current fiscal year.

Diamcor Mining Company Profile

Diamcor Mining Inc, a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa.