Star Diamond (TSE:DIAM) Trading Down 20% – Here’s Why

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. 685,228 shares traded hands during mid-day trading, an increase of 208% from the average session volume of 222,543 shares. The stock had previously closed at C$0.03.

Star Diamond Trading Down 20.0 %

The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05. The firm has a market capitalization of C$12.35 million, a price-to-earnings ratio of -2.00 and a beta of 1.94. The company has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of 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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