Star Diamond Co. (TSE:DIAM – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 34,219 shares changing hands. The stock had previously closed at C$0.02.
Star Diamond Trading Down 14.3%
The company has a quick ratio of 17.99, a current ratio of 2.06 and a debt-to-equity ratio of 2.05. The company’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.03. The stock has a market capitalization of C$11.61 million, a price-to-earnings ratio of -1.50 and a beta of -0.34.
About Star Diamond
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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