Star Diamond (TSE:DIAM) Reaches New 1-Year Low – Time to Sell?

by · The Cerbat Gem

Star Diamond Co. (TSE:DIAM – Get Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 137751 shares. The stock had previously closed at C$0.04.

Star Diamond Trading Down 14.3%

The company’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.04. 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 market cap of C$23.05 million, a price-to-earnings ratio of -3.00 and a beta of -0.21.

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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