Karelian Diamond Resources (LON:KDR) Stock Price Down 10.4% – Here’s What Happened

Karelian Diamond Resources Plc (LON:KDRGet Free Report) fell 10.4% on Thursday . The company traded as low as GBX 0.52 and last traded at GBX 0.52. 654,364 shares traded hands during trading, a decline of 46% from the average session volume of 1,209,500 shares. The stock had previously closed at GBX 0.58.

Karelian Diamond Resources Stock Down 10.4%

The company has a market capitalization of £1.01 million, a price-to-earnings ratio of -2.58 and a beta of 0.93. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.06 and a quick ratio of 0.11. The firm’s fifty day moving average price is GBX 0.55 and its 200-day moving average price is GBX 0.59.

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. The company also explores for nickel, copper, and platinum metals in Northern Ireland. Karelian Diamond Resources Plc was incorporated in 2004 and is headquartered in Dublin, Ireland.

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