Star Diamond (TSE:DIAM) Sets New 1-Year Low – Here’s Why

Star Diamond Co. (TSE:DIAM – Get Free Report) reached a new 52-week low during trading on Tuesday. The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 284,340 shares changing hands. The stock had previously closed at C$0.02.

Star Diamond Price Performance

The company has a debt-to-equity ratio of 2.05, a current ratio of 2.06 and a quick ratio of 17.99. The firm’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The firm has a market capitalization of C$15.48 million, a P/E ratio of -2.00 and a beta of -0.34.

About Star Diamond

(Get Free Report)

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.

See Also

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