Diamcor Mining (CVE:DMI) Stock Price Up 37.5%

Diamcor Mining Inc. (CVE:DMI)’s stock price shot up 37.5% during trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. 149,500 shares traded hands during mid-day trading, an increase of 141% from the average session volume of 61,948 shares. The stock had previously closed at C$0.04.

Diamcor Mining Price Performance

The company has a market cap of C$7.07 million, a price-to-earnings ratio of -1.33 and a beta of 1.40. The company has a quick ratio of 0.13, a current ratio of 0.06 and a debt-to-equity ratio of 617.97. The company’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.06.

Diamcor Mining (CVE:DMI) last announced its earnings results on Thursday, February 29th. The mining company reported C($0.01) EPS for the quarter. The company had revenue of C$0.05 million for the quarter. On average, equities research analysts forecast that Diamcor Mining Inc. will post 0.1 EPS for the current fiscal year.

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.