Star Diamond (TSE:DIAM) Shares Up 18.2% – What’s Next?

Star Diamond Co. (TSE:DIAM)’s share price was up 18.2% during trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 214,000 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 327,172 shares. The stock had previously closed at C$0.06.

Star Diamond Trading Up 27.3 %

The business has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. 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$43.23 million, a PE ratio of -7.00 and a beta of 1.94.

Insider Buying and Selling at Star Diamond

In other news, Director Lisa K. Riley bought 1,000,000 shares of the business’s stock in a transaction on Friday, February 28th. The shares were bought at an average price of C$0.06 per share, with a total value of C$60,000.00. 31.00% of the stock is currently owned by corporate insiders.

About Star Diamond

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.