Star Diamond (TSE:DIAM) Hits New 12-Month Low – Here’s Why

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 112750 shares traded. The stock had previously closed at C$0.04.

Star Diamond Trading Down 12.5 %

The business has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.06. The company has a debt-to-equity ratio of 2.05, a quick ratio of 17.99 and a current ratio of 2.06. The company has a market capitalization of C$21.61 million, a P/E ratio of -3.50 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.

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