Karelian Diamond Resources (LON:KDR) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.41 ($0.02) and traded as low as GBX 1.30 ($0.02). Karelian Diamond Resources shares last traded at GBX 1.35 ($0.02), with a volume of 364,322 shares trading hands.

Karelian Diamond Resources Trading Down 12.0 %

The company has a market cap of £1.42 million, a price-to-earnings ratio of -11.13 and a beta of 0.93. The business’s fifty day simple moving average is GBX 1.20 and its two-hundred day simple moving average is GBX 1.41. The company has a quick ratio of 0.11, a current ratio of 0.17 and a debt-to-equity ratio of 1.25.

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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