Karelian Diamond Resources Plc (LON:KDR – Get Free Report) dropped 8.6% during trading on Wednesday . The company traded as low as GBX 0.82 and last traded at GBX 0.82. Approximately 620,000 shares changed hands during trading, a decline of 52% from the average daily volume of 1,303,722 shares. The stock had previously closed at GBX 0.90.
Karelian Diamond Resources Stock Performance
The stock’s 50 day moving average price is GBX 0.63 and its 200 day moving average price is GBX 0.58. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.33. The company has a market cap of £1.62 million, a price-to-earnings ratio of -4.84 and a beta of 0.42.
About Karelian Diamond Resources
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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