Star Diamond (TSE:DIAM) Trading Down 20% – What’s Next?

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price dropped 20% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 127,025 shares were traded during trading, a decline of 65% from the average daily volume of 363,763 shares. The stock had previously closed at C$0.03.

Star Diamond Stock Performance

The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05. The company has a market cap of C$12.35 million, a price-to-earnings ratio of -2.00 and a beta of 1.94. The stock has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04.

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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