Diamcor Mining (CVE:DMI) Stock Price Down 40% – Here’s Why

by · The Markets Daily

Shares of Diamcor Mining Inc. (CVE:DMI – Get Free Report) were down 40% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,310,143 shares were traded during mid-day trading, an increase of 1,829% from the average daily volume of 67,901 shares. The stock had previously closed at C$0.03.

Diamcor Mining Stock Performance

The company has a market capitalization of C$3.37 million, a PE ratio of -0.50 and a beta of 1.38. The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. 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 Company Profile

(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.

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