Star Diamond (TSE:DIAM) Sets New 12-Month Low – What’s Next?

Star Diamond Co. (TSE:DIAM) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 93467 shares. The stock had previously closed at C$0.03.

Star Diamond Stock Performance

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 has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.03. The firm has a market capitalization of C$19.35 million, a price-to-earnings ratio of -2.50 and a beta of -0.25.

Star Diamond (TSE:DIAM) last issued its quarterly earnings data on Monday, March 30th. The company reported C$0.00 earnings per share (EPS) for the quarter.

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.