Star Diamond (TSE:DIAM) Sets New 12-Month Low – Should You Sell?

Star Diamond Co. (TSE:DIAM)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.04, with a volume of 15053 shares changing hands. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The firm has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.03. 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 firm has a market cap of C$23.05 million, a P/E ratio of -3.00 and a beta of -0.21.

Star Diamond Company Profile

Star Diamond Corp is a Canadian natural resource company. The principal activities of the company are the exploration, development, and production of diamonds. The company owns an interest in the Star-Orion South Diamond project, and Fort a la Corne Diamond District properties located in central Saskatchewan; and Buffalo Hills property located in the northwest of Edmonton.