Star Diamond (TSE:DIAM) Trading Down 20% – Here’s What Happened

Shares of Star Diamond Co. (TSE:DIAMGet Free Report) traded down 20% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 685,228 shares changed hands during mid-day trading, an increase of 208% from the average session volume of 222,543 shares. The stock had previously closed at C$0.03.

Star Diamond Trading Up 25.0 %

The business’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.05. The company has a market capitalization of C$15.44 million, a price-to-earnings ratio of -2.50 and a beta of 1.94. The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05.

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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