Diamcor Mining (CVE:DMI) Trading 25% Higher – Time to Buy?

Shares of Diamcor Mining Inc. (CVE:DMI) were up 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 404,620 shares traded hands during trading, an increase of 117% from the average daily volume of 186,830 shares. The stock had previously closed at C$0.02.

Diamcor Mining Stock Performance

The business’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a current ratio of 0.05, a quick ratio of 0.13 and a debt-to-equity ratio of 617.97. The stock has a market cap of C$4.22 million, a PE ratio of -0.63 and a beta of 1.38.

Diamcor Mining Company Profile

Diamcor Mining Inc, a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa.