Star Diamond (TSE:DIAM) Hits New 52-Week Low – Here’s Why

Star Diamond Co. (TSE:DIAMGet Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 47814 shares changing hands. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The firm’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06. 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 firm has a market cap of C$21.62 million, a P/E ratio of -3.00 and a beta of 1.94.

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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