Shares of Star Diamond Co. (TSE:DIAM – Get Free Report) rose 25% during mid-day trading on Friday. The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 196,550 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 198,105 shares. The stock had previously closed at C$0.02.
Star Diamond Stock Performance
The company has a market capitalization of C$19.35 million, a price-to-earnings ratio of -2.50 and a beta of -0.34. The company has a debt-to-equity ratio of 2.05, a current ratio of 2.06 and a quick ratio of 17.99. The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.03.
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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