Star Diamond Co. (TSE:DIAM – Get Free Report) shot up 25% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 163,126 shares changed hands during trading, a decline of 26% from the average daily volume of 221,065 shares. The stock had previously closed at C$0.02.
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 business has a fifty day moving average price of C$0.03 and a 200 day moving average price of C$0.03. The firm has a market cap of C$19.35 million, a PE ratio of -2.50 and a beta of -0.57.
About Star Diamond
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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