Star Diamond (TSE:DIAM) Trading Down 20% – What’s Next?

Shares of Star Diamond Co. (TSE:DIAMGet Free Report) traded down 20% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 4,837,108 shares were traded during trading, an increase of 2,678% from the average session volume of 174,133 shares. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05. The company has a market capitalization of C$9.26 million, a P/E ratio of -1.50 and a beta of 1.94. The firm has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.05.

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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