Karelian Diamond Resources (LON:KDR) Shares Cross Below 200-Day Moving Average – What’s Next?

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.32 ($0.02) and traded as low as GBX 0.67 ($0.01). Karelian Diamond Resources shares last traded at GBX 0.67 ($0.01), with a volume of 849,245 shares changing hands.

Karelian Diamond Resources Stock Down 3.6 %

The firm has a market cap of £1.16 million, a P/E ratio of -4.05 and a beta of 0.93. The business’s fifty day moving average price is GBX 1.08 and its two-hundred day moving average price is GBX 1.31. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.29.

Karelian Diamond Resources Company Profile

(Get Free Report)

Karelian Diamond Resources Plc engages in the exploration and development of diamond deposits. It holds interests in the Lahtojoki diamond project located in the KuopioKaavi region in Finland; and the Seitaperä diamondiferous kimberlite pipe and the Riihivaara diamond projects situated in the Kuhmo area, Finland.

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