Star Diamond (TSE:DIAM) Shares Down 20% – Time to Sell?

Star Diamond Co. (TSE:DIAMGet Free Report) shares traded down 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 4,837,108 shares were traded during trading, an increase of 2,678% from the average session volume of 174,133 shares. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The firm has a market capitalization of C$9.26 million, a price-to-earnings ratio of -1.50 and a beta of 1.94. The company has a quick ratio of 17.99, a current ratio of 2.06 and a debt-to-equity ratio of 2.05. The company’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.05.

Star Diamond Company Profile

(Get Free Report)

Star Diamond Corporation engages in the exploration, development, and production of diamonds in Canada. The company's principal mineral properties include the Star Kimberlite property and the Orion South Kimberlite property located in Fort à la Corne area of Saskatchewan, Canada. It also holds a 50% interest in the Buffalo Hills project located in north central Alberta, Canada.

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