Rockwell Diamonds (OTCMKTS:RDIAF) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Rockwell Diamonds Inc. (OTCMKTS:RDIAF)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.02 and traded as low as $0.0120. Rockwell Diamonds shares last traded at $0.0250, with a volume of 287,400 shares trading hands.

Rockwell Diamonds Stock Up 66.7%

The firm’s 50 day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02.

About Rockwell Diamonds

Rockwell Diamonds Inc, a Canadian-headquartered diamond producer listed on the OTC Markets under the ticker RDIAF, specializes in the extraction and sale of gem-quality rough diamonds. The company’s primary focus is on alluvial diamond deposits, harnessing surface-level river gravels and small-scale bulk sampling methods to recover diamonds suitable for the global jewelry and industrial markets.

Rockwell’s core operations are centered along the Vaal River in South Africa, where it operates the Saxendrift and Klipdam alluvial mines.