Karelian Diamond Resources (LON:KDR) Trading Down 8.2% – Here’s What Happened

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s share price dropped 8.2% on Wednesday . The company traded as low as GBX 0.83 and last traded at GBX 0.83. Approximately 111,969 shares were traded during trading, a decline of 90% from the average daily volume of 1,143,455 shares. The stock had previously closed at GBX 0.90.

Karelian Diamond Resources Stock Up 6.9%

The company has a quick ratio of 0.11, a current ratio of 0.06 and a debt-to-equity ratio of 1.33. The company’s fifty day simple moving average is GBX 0.81 and its 200 day simple moving average is GBX 0.62. The firm has a market capitalization of £1.84 million, a PE ratio of -5.50 and a beta of 0.42.

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.

Read More

Receive News & Ratings for Karelian Diamond Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Karelian Diamond Resources and related companies with MarketBeat.com's FREE daily email newsletter.