Diamcor Mining (CVE:DMI) Reaches New 12-Month Low – What’s Next?

Diamcor Mining Inc. (CVE:DMI)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 92738 shares changing hands. The stock had previously closed at C$0.04.

Diamcor Mining Stock Down 14.3 %

The firm has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The company has a debt-to-equity ratio of 617.97, a quick ratio of 0.13 and a current ratio of 0.05. The stock has a market cap of C$5.06 million, a P/E ratio of -0.88 and a beta of 1.38.

Diamcor Mining (CVE:DMI) last announced its earnings results on Thursday, August 29th. The mining company reported C($0.01) earnings per share for the quarter. Equities research analysts predict that Diamcor Mining Inc. will post 0.1 earnings per share for the current year.

Diamcor Mining Company Profile

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.