Karelian Diamond Resources (LON:KDR) Stock Price Down 13.6% – Here’s What Happened

Karelian Diamond Resources Plc (LON:KDR – Get Free Report) traded down 13.6% during trading on Monday. The company traded as low as GBX 0.65 and last traded at GBX 0.65. Approximately 2,035,619 shares were traded during trading, an increase of 169% from the average daily volume of 757,338 shares. The stock had previously closed at GBX 0.76.

Karelian Diamond Resources Price Performance

The firm has a market cap of £1.28 million, a PE ratio of -3.84 and a beta of 0.42. The firm’s fifty day simple moving average is GBX 0.80 and its two-hundred day simple moving average is GBX 0.71. The company has a quick ratio of 0.11, a current ratio of 0.06 and a debt-to-equity ratio of 1.33.

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.

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