Star Diamond (TSE:DIAM) Stock Price Down 12.5% – What’s Next?

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price was down 12.5% during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.04. Approximately 207,505 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 412,808 shares. The stock had previously closed at C$0.04.

Star Diamond Stock Performance

The company has a quick ratio of 17.99, a current ratio of 2.06 and a debt-to-equity ratio of 2.05. The company has a market capitalization of C$24.70 million, a PE ratio of -4.00 and a beta of 1.94. The company has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04.

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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