Diamcor Mining (CVE:DMI) Trading Down 16.7% – Time to Sell?

Diamcor Mining Inc. (CVE:DMI)’s share price traded down 16.7% on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. 566,948 shares changed hands during mid-day trading, an increase of 793% from the average session volume of 63,466 shares. The stock had previously closed at C$0.03.

Diamcor Mining Stock Down 16.7 %

The firm’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The company has a debt-to-equity ratio of 617.97, a quick ratio of 0.13 and a current ratio of 0.05. The stock has a market cap of C$4.22 million, a P/E ratio of -0.63 and a beta of 1.38.

About Diamcor Mining

Diamcor Mining Inc, a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa.