Diamcor Mining (CVE:DMI) Stock Price Down 40% – Should You Sell?

by · The Markets Daily

Diamcor Mining Inc. (CVE:DMIGet Free Report) shares traded down 40% during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 1,420,143 shares were traded during mid-day trading, an increase of 1,925% from the average session volume of 70,117 shares. The stock had previously closed at C$0.03.

Diamcor Mining Stock Performance

The stock’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The stock has a market capitalization of C$3.37 million, a price-to-earnings ratio of -0.50 and a beta of 1.38. The company has a current ratio of 0.05, a quick ratio of 0.13 and a debt-to-equity ratio of 617.97.

Diamcor Mining Company Profile

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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.

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