Star Diamond (TSE:DIAM) Shares Up 33.3% – Still a Buy?

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price rose 33.3% during mid-day trading on Monday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 1,152,932 shares traded hands during trading, an increase of 444% from the average daily volume of 212,019 shares. The stock had previously closed at C$0.02.

Star Diamond Stock Performance

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 business has a 50 day moving average price of C$0.03 and a 200 day moving average price of C$0.05. The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05.

About Star Diamond

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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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