Star Diamond (TSE:DIAM) Trading 16.7% Higher – What’s Next?

Star Diamond Co. (TSE:DIAMGet Free Report) rose 16.7% during mid-day trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 219,000 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 333,967 shares. The stock had previously closed at C$0.03.

Star Diamond Stock Performance

The firm’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.04. The firm has a market capitalization of C$24.70 million, a price-to-earnings ratio of -4.00 and a beta of 1.94. The company has a debt-to-equity ratio of 2.05, a current ratio of 2.06 and a quick ratio of 17.99.

About Star Diamond

(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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