Star Diamond (TSE:DIAM) Trading Down 12.5% – Time to Sell?

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price traded down 12.5% during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. 224,295 shares traded hands during trading, a decline of 16% from the average session volume of 267,849 shares. The stock had previously closed at C$0.04.

Star Diamond Stock Performance

The firm has a market capitalization of C$30.73 million, a P/E ratio of -4.00 and a beta of 0.74. The company’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.05. The company has a quick ratio of 17.99, a current ratio of 2.06 and a debt-to-equity ratio of 2.05.

Star Diamond Company Profile

(Get Free Report)

Star Diamond Corp is a Canadian natural resource company. The principal activities of the company are the exploration, development, and production of diamonds. The company owns an interest in the Star-Orion South Diamond project, and Fort a la Corne Diamond District properties located in central Saskatchewan; and Buffalo Hills property located in the northwest of Edmonton.

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