Star Diamond (TSE:DIAM) Shares Up 25% – Should You Buy?

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price shot up 25% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 284,114 shares were traded during mid-day trading, a decline of 21% from the average session volume of 359,209 shares. The stock had previously closed at C$0.02.

Star Diamond Price Performance

The stock has a market capitalization of C$15.44 million, a PE ratio of -2.50 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. The stock’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.04.

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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