Diamcor Mining (CVE:DMI) Trading 25% Higher – Should You Buy?

Diamcor Mining Inc. (CVE:DMI)’s stock price shot up 25% on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. 404,620 shares traded hands during mid-day trading, an increase of 117% from the average session volume of 186,830 shares. The stock had previously closed at C$0.02.

Diamcor Mining Trading Up 25.0 %

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

Diamcor Mining Company Profile

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.