Diamcor Mining (CVE:DMI) Shares Pass Above 200-Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Shares of Diamcor Mining Inc. (CVE:DMI – Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.04 and traded as high as C$0.05. Diamcor Mining shares last traded at C$0.05, with a volume of 31,000 shares.

Diamcor Mining Price Performance

The firm’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The firm has a market cap of C$6.75 million, a P/E ratio of -1.00 and a beta of 1.38. The company has a debt-to-equity ratio of 617.97, a quick ratio of 0.13 and a current ratio of 0.05.

Diamcor Mining (CVE:DMI – Get Free Report) last released its quarterly earnings data on Monday, July 29th. The mining company reported C($0.02) EPS for the quarter. As a group, analysts forecast that Diamcor Mining Inc. will post 0.1 earnings per share for the current year.

About Diamcor Mining

(Get Free Report)

Diamcor Mining Inc, a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa.

Further Reading