Karelian Diamond Resources (LON:KDR) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Karelian Diamond Resources Plc (LON:KDRGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1.42 ($0.02) and traded as low as GBX 1.15 ($0.01). Karelian Diamond Resources shares last traded at GBX 1.29 ($0.02), with a volume of 562,918 shares trading hands.

Karelian Diamond Resources Stock Up 11.7 %

The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.11 and a current ratio of 0.17. The firm has a market capitalization of £1.65 million, a P/E ratio of -11.13 and a beta of 0.93. The stock has a fifty day moving average price of GBX 1.19 and a two-hundred day moving average price of GBX 1.42.

About Karelian Diamond Resources

(Get Free Report)

Karelian Diamond Resources Plc engages in the exploration and development of diamond deposits. It holds interests in the Lahtojoki diamond project located in the KuopioKaavi region in Finland; and the Seitaperä diamondiferous kimberlite pipe and the Riihivaara diamond projects situated in the Kuhmo area, Finland.

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