Star Diamond (TSE:DIAM) Trading 33.3% Higher – Still a Buy?

Star Diamond Co. (TSE:DIAMGet Free Report) shares were up 33.3% during mid-day trading on Monday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 1,152,932 shares traded hands during trading, an increase of 444% from the average daily volume of 212,019 shares. The stock had previously closed at C$0.02.

Star Diamond Stock Performance

The company’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.05. The stock has a market cap of C$10.81 million, a P/E ratio of -1.75 and a beta of 1.94. The company has a debt-to-equity ratio of 2.05, a quick ratio of 17.99 and a current ratio of 2.06.

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.

Further Reading

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