Karelian Diamond Resources (LON:KDR) Trading Down 8.3% – Here’s Why

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s stock price dropped 8.3% on Tuesday . The stock traded as low as GBX 0.55 and last traded at GBX 0.55. Approximately 184,685 shares were traded during trading, a decline of 84% from the average daily volume of 1,170,185 shares. The stock had previously closed at GBX 0.60.

Karelian Diamond Resources Price Performance

The stock has a market capitalization of £1.21 million, a price-to-earnings ratio of -3.08 and a beta of 0.93. 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 stock has a 50-day simple moving average of GBX 0.53 and a 200 day simple moving average of GBX 0.59.

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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