Star Diamond (TSE:DIAM) Sets New 52-Week Low – Here’s Why

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 47814 shares changing hands. The stock had previously closed at C$0.03.

Star Diamond Stock Down 14.3 %

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 firm has a market capitalization of C$18.53 million, a price-to-earnings ratio of -3.00 and a beta of 1.94. The stock has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.06.

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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