Star Diamond (TSE:DIAM) Trading 16.7% Higher – Here’s What Happened

by · The Cerbat Gem

Shares of Star Diamond Co. (TSE:DIAM – Get Free Report) rose 16.7% during mid-day trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 1,373,426 shares changed hands during mid-day trading, an increase of 414% from the average daily volume of 267,161 shares. The stock had previously closed at C$0.03.

Star Diamond Stock Performance

The company has a market cap of C$26.89 million, a PE ratio of -3.50 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. The business has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.04.

Star Diamond (TSE:DIAM – Get Free Report) last announced its earnings results on Tuesday, November 11th. The company reported C$0.00 earnings per share (EPS) for the quarter.

Star Diamond Company Profile

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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.

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