Diamcor Mining (CVE:DMI) Shares Up 25% – Here’s Why

Diamcor Mining Inc. (CVE:DMIGet Free Report)’s stock price shot up 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 404,620 shares traded hands during mid-day trading, an increase of 117% from the average session volume of 186,830 shares. The stock had previously closed at C$0.02.

Diamcor Mining Stock Performance

The company has a debt-to-equity ratio of 617.97, a current ratio of 0.05 and a quick ratio of 0.13. The company has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.04. The firm has a market cap of C$4.22 million, a PE ratio of -0.63 and a beta of 1.38.

About Diamcor Mining

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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.

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