Shares of Rockwell Diamonds Inc. (OTCMKTS:RDIAF – Get Free Report) passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $0.02 and traded as high as $0.20. Rockwell Diamonds shares last traded at $0.0250, with a volume of 287,400 shares traded.
Rockwell Diamonds Price Performance
The business’s 50-day simple moving average is $0.02 and its 200 day simple moving average is $0.02.
Rockwell Diamonds Company Profile
Rockwell Diamonds Inc was a Canadian-based diamond mining company focused on the exploration, development and operation of alluvial diamond deposits in South Africa. Unlike traditional hard-rock mining, its operations recovered diamonds from gravel deposits formed by the movement of ancient and modern rivers.
The company historically operated and developed diamond projects in South Africa’s Northern Cape Province, including the Wouterspan, Saxendrift and Niewejaarskraal properties. Its activities included mining, gravel processing, diamond recovery and the sale of rough diamonds produced from its operations.
Rockwell Diamonds experienced financial difficulties and entered creditor-protection proceedings in Canada in 2017.
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