Star Diamond (TSE:DIAM) Trading 16.7% Higher – What’s Next?

Shares of Star Diamond Co. (TSE:DIAMGet Free Report) rose 16.7% during trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 219,000 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 333,967 shares. The stock had previously closed at C$0.03.

Star Diamond Stock Up 16.7 %

The stock has a market capitalization of C$21.61 million, a P/E ratio of -3.50 and a beta of 1.94. The business has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The company has a quick ratio of 17.99, a current ratio of 2.06 and a debt-to-equity ratio of 2.05.

Star Diamond Company Profile

(Get Free Report)

Star Diamond Corporation engages in the exploration, development, and production of diamonds in Canada. The company's principal mineral properties include the Star Kimberlite property and the Orion South Kimberlite property located in Fort à la Corne area of Saskatchewan, Canada. It also holds a 50% interest in the Buffalo Hills project located in north central Alberta, Canada.

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