Karelian Diamond Resources (LON:KDR) Stock Price Down 14.3% – Time to Sell?

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s share price dropped 14.3% during mid-day trading on Wednesday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.50 ($0.02). Approximately 1,108,000 shares changed hands during trading, an increase of 240% from the average daily volume of 325,927 shares. The stock had previously closed at GBX 1.75 ($0.02).

Karelian Diamond Resources Trading Down 14.3 %

The firm’s 50-day moving average price is GBX 1.55 and its 200 day moving average price is GBX 2.07. The company has a market cap of £1.93 million, a price-to-earnings ratio of -11.13 and a beta of 0.93. The company has a current ratio of 0.17, a quick ratio of 0.11 and a debt-to-equity ratio of 1.25.

Karelian Diamond Resources Company Profile

(Get Free Report)

Karelian Diamond Resources Plc engages in the exploration and development of diamond deposits. It holds interests in the Lahtojoki diamond project located in the KuopioKaavi region in Finland; and the Seitaperä diamondiferous kimberlite pipe and the Riihivaara diamond projects situated in the Kuhmo area, Finland.

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