Star Diamond (TSE:DIAM) Hits New 52-Week Low – Here’s What Happened

Star Diamond Co. (TSE:DIAMGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 2700 shares changing hands. The stock had previously closed at C$0.04.

Star Diamond Trading Up 12.5 %

The business’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06. The company has a debt-to-equity ratio of 2.05, a current ratio of 2.06 and a quick ratio of 17.99. The stock has a market capitalization of C$27.79 million, a P/E ratio of -4.50 and a beta of 1.94.

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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