Diamcor Mining (CVE:DMI) Trading Down 40% – Time to Sell?

Diamcor Mining Inc. (CVE:DMIGet Free Report) fell 40% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 1,420,143 shares traded hands during trading, an increase of 1,925% from the average session volume of 70,117 shares. The stock had previously closed at C$0.03.

Diamcor Mining Stock Down 40.0 %

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 stock’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04. The firm has a market cap of C$2.53 million, a P/E ratio of -0.38 and a beta of 1.38.

Diamcor Mining Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Diamcor Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diamcor Mining and related companies with MarketBeat.com's FREE daily email newsletter.