Star Diamond (TSE:DIAM) Hits New 52-Week Low – What’s Next?

Star Diamond Co. (TSE:DIAMGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1282 shares. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The stock has a market cap of C$15.48 million, a price-to-earnings ratio of -2.00 and a beta of -0.57. The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03. The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05.

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.

Further Reading

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