Karelian Diamond Resources (LON:KDR) Shares Down 10% – Here’s What Happened

Shares of Karelian Diamond Resources Plc (LON:KDRGet Free Report) dropped 10% on Friday . The stock traded as low as GBX 0.45 and last traded at GBX 0.45. Approximately 340,159 shares traded hands during trading, a decline of 61% from the average daily volume of 874,595 shares. The stock had previously closed at GBX 0.50.

Karelian Diamond Resources Stock Down 20.0%

The company has a 50-day moving average of GBX 0.51 and a 200-day moving average of GBX 0.57. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.29. The company has a market capitalization of £785,744.00, a price-to-earnings ratio of -2.00 and a beta of 0.93.

About Karelian Diamond Resources

(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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