Star Diamond (TSE:DIAM) Trading Down 11.1% – Here’s Why

Shares of Star Diamond Co. (TSE:DIAMGet Free Report) were down 11.1% during mid-day trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 518,080 shares changed hands during trading, an increase of 20% from the average daily volume of 431,977 shares. The stock had previously closed at C$0.05.

Star Diamond Trading Down 11.1 %

The stock has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04. The stock 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 debt-to-equity ratio of 2.05, a quick ratio of 17.99 and a current ratio of 2.06.

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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