Star Diamond (TSE:DIAM) Stock Price Down 20% – Time to Sell?

Star Diamond Co. (TSE:DIAMGet Free Report) shares traded down 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 140,243 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 235,105 shares. The stock had previously closed at C$0.03.

Star Diamond Trading Down 20.0%

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 business’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The firm has a market cap of C$15.48 million, a price-to-earnings ratio of -2.00 and a beta of -0.45.

Star Diamond (TSE:DIAMGet Free Report) last announced its quarterly earnings data on Monday, March 30th. The company reported C$0.00 earnings per share for the quarter.

About Star Diamond

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Star Diamond is a Canadian natural resource company focused on exploring and evaluating Saskatchewan’s diamond resources. Star Diamond holds a 100% interest in the Fort à la Corne Project, (FALC Project, which includes the Star – Orion South Diamond Project, or the “Project”). These properties are in central Saskatchewan, near established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future possible mine development. The Company also holds a 100% interest in the exploration and evaluation properties of the Buffalo Hills Diamond Project (the “BH Project”) located approximately 400 kilometres northwest of Edmonton, Alberta, Canada.

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