Diamcor Mining (CVE:DMI) Sets New 52-Week Low – Should You Sell?

Diamcor Mining Inc. (CVE:DMI) hit a new 52-week low on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 49972 shares changing hands. The stock had previously closed at C$0.03.

Diamcor Mining Stock Performance

The firm has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The firm has a market capitalization of C$5.06 million, a P/E ratio of -0.75 and a beta of 1.38. The company has a debt-to-equity ratio of 617.97, a current ratio of 0.05 and a quick ratio of 0.13.

Diamcor Mining (CVE:DMI) last posted its quarterly earnings results on Thursday, August 29th. The mining company reported C($0.01) EPS for the quarter. On average, equities research analysts anticipate that Diamcor Mining Inc. will post 0.1 earnings per share 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.