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

Shares of Star Diamond Co. (TSE:DIAMGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 47814 shares trading hands. The stock had previously closed at C$0.03.

Star Diamond Stock Performance

The business’s 50-day moving average price is C$0.04 and its 200-day moving average price is 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 stock has a market cap of C$21.62 million, a P/E ratio of -3.00 and a beta of 1.94.

About Star Diamond

(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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