Star Diamond (TSE:DIAM) Hits New 1-Year Low – Time to Sell?

Star Diamond Co. (TSE:DIAMGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 37615 shares traded. The stock had previously closed at C$0.02.

Star Diamond Stock Performance

The company has a market cap of C$15.48 million, a PE ratio of -2.00 and a beta of -0.59. The stock has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. 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.

Further Reading

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