Star Diamond (TSE:DIAM) Reaches New 12-Month Low – Here’s What Happened

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 17793 shares trading hands. The stock had previously closed at C$0.02.

Star Diamond Price Performance

The firm has a fifty day moving average of C$0.02 and a two-hundred day moving average of C$0.03. The stock has a market capitalization of C$15.48 million, a P/E ratio of -2.00 and a beta of -0.59. The company has a debt-to-equity ratio of 2.05, a current ratio of 2.06 and a quick ratio of 17.99.

About Star Diamond

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Star Diamond is a Canadian natural resource company focused on exploring and evaluating Saskatchewan’s diamond resources. Star Diamond holds a 100% interest in the Fort à la Corne Project, (FALC Project, which includes the Star – Orion South Diamond Project, or the “Project”). These properties are in central Saskatchewan, near established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future possible mine development. The Company also holds a 100% interest in the exploration and evaluation properties of the Buffalo Hills Diamond Project (the “BH Project”) located approximately 400 kilometres northwest of Edmonton, Alberta, Canada.

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