Star Diamond (TSE:DIAM) Trading Down 11.1% – Here’s What Happened

Shares of Star Diamond Co. (TSE:DIAMGet Free Report) fell 11.1% during mid-day trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 518,080 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 431,977 shares. The stock had previously closed at C$0.05.

Star Diamond Price Performance

The company has a quick ratio of 17.99, a current ratio of 2.06 and a debt-to-equity ratio of 2.05. The company has a market cap of C$27.79 million, a PE ratio of -4.50 and a beta of 1.94. The company’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.04.

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.

Further Reading

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