Star Diamond (TSE:DIAM) Trading Up 16.7% – Here’s Why

Star Diamond Co. (TSE:DIAM)’s share price shot up 16.7% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 1,373,426 shares were traded during trading, an increase of 414% from the average session volume of 267,161 shares. The stock had previously closed at C$0.03.

Star Diamond Trading Up 33.3%

The firm’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.04. The firm has a market cap of C$30.73 million, a price-to-earnings ratio of -4.00 and a beta of 0.78. The company has a debt-to-equity ratio of 2.05, a current ratio of 2.06 and a quick ratio of 17.99.

Star Diamond (TSE:DIAM) last issued its quarterly earnings data on Tuesday, November 11th. The company reported C$0.00 EPS for the quarter.

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.