Star Diamond (TSE:DIAM) Shares Down 16.7% – Here’s What Happened

Star Diamond Co. (TSE:DIAM) was down 16.7% during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 485,590 shares traded hands during trading, an increase of 96% from the average daily volume of 247,227 shares. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The stock has a 50 day moving average of C$0.03 and a two-hundred day moving average of C$0.03. The company has a debt-to-equity ratio of 2.05, a quick ratio of 17.99 and a current ratio of 2.06. The firm has a market capitalization of C$23.22 million, a P/E ratio of -3.00 and a beta of -0.25.

Star Diamond (TSE:DIAM) last announced its earnings results on Monday, March 30th. The company reported C$0.00 earnings per share (EPS) for the quarter.

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.