Star Diamond Co. (TSE:DIAM – Get Free Report)’s stock price traded down 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 105,244 shares were traded during mid-day trading, a decline of 50% from the average session volume of 211,641 shares. The stock had previously closed at C$0.03.
Star Diamond Stock Performance
The stock’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.03. The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05. The firm has a market cap of C$15.48 million, a price-to-earnings ratio of -2.00 and a beta of -0.59.
Star Diamond Company Profile
Star Diamond is a Canadian natural resource company focused on exploring and evaluating Saskatchewan’s diamond resources. Star Diamond holds a 100% interest in the Fort à la Corne Project, (FALC Project, which includes the Star – Orion South Diamond Project, or the “Project”). These properties are in central Saskatchewan, near established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future possible mine development. The Company also holds a 100% interest in the exploration and evaluation properties of the Buffalo Hills Diamond Project (the “BH Project”) located approximately 400 kilometres northwest of Edmonton, Alberta, Canada.
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