Star Diamond (TSE:DIAM) Shares Down 14.3% – Should You Sell?

Star Diamond Co. (TSE:DIAM)’s stock price traded down 14.3% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 520,647 shares traded hands during trading, an increase of 116% from the average session volume of 241,210 shares. The stock had previously closed at C$0.04.

Star Diamond Trading Down 14.3%

The firm has a market cap of C$23.05 million, a price-to-earnings ratio of -3.00 and a beta of -0.21. The company’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a quick ratio of 17.99, a current ratio of 2.06 and a debt-to-equity ratio of 2.05.

Star Diamond Company Profile

Star Diamond Corp is a Canadian natural resource company. The principal activities of the company are the exploration, development, and production of diamonds. The company owns an interest in the Star-Orion South Diamond project, and Fort a la Corne Diamond District properties located in central Saskatchewan; and Buffalo Hills property located in the northwest of Edmonton.