Diamcor Mining (CVE:DMI) Shares Cross Below 200 Day Moving Average – Here’s Why

Diamcor Mining Inc. (CVE:DMIGet Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.01 and traded as low as C$0.01. Diamcor Mining shares last traded at C$0.01, with a volume of 93,054 shares trading hands.

Diamcor Mining Stock Performance

The stock has a market capitalization of C$1.69 million, a price-to-earnings ratio of -0.36 and a beta of 1.38. The company’s fifty day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a quick ratio of 0.13, a current ratio of 0.04 and a debt-to-equity ratio of -99.58.

About Diamcor Mining

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Diamcor Mining Inc, a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa.

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