Diamcor Mining (CVE:DMI) Shares Down 17.2%

Diamcor Mining Inc. (CVE:DMI) shares fell 17.2% during mid-day trading on Thursday . The stock traded as low as C$0.12 and last traded at C$0.12, 248,500 shares traded hands during mid-day trading. An increase of 215% from the average session volume of 78,839 shares. The stock had previously closed at C$0.15.

The firm has a 50-day moving average price of C$0.14 and a 200-day moving average price of C$0.11. The company has a debt-to-equity ratio of 617.97, a quick ratio of 0.05 and a current ratio of 0.21. The stock has a market cap of $11.10 million and a PE ratio of -2.98.

About Diamcor Mining (CVE:DMI)

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.

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