Karelian Diamond Resources (LON:KDR) Trading Down 5.7% – Here’s What Happened

Karelian Diamond Resources Plc (LON:KDRGet Free Report) traded down 5.7% during mid-day trading on Wednesday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.65 ($0.02). 532,447 shares were traded during trading, an increase of 65% from the average session volume of 322,971 shares. The stock had previously closed at GBX 1.75 ($0.02).

Karelian Diamond Resources Stock Performance

The company has a quick ratio of 0.11, a current ratio of 0.17 and a debt-to-equity ratio of 1.25. The company’s 50-day moving average is GBX 1.56 and its 200 day moving average is GBX 2.05. The company has a market cap of £2.12 million, a price-to-earnings ratio of -11.13 and a beta of 0.93.

About Karelian Diamond Resources

(Get Free Report)

Karelian Diamond Resources Plc engages in the exploration and development of diamond deposits. It holds interests in the Lahtojoki diamond project located in the KuopioKaavi region in Finland; and the Seitaperä diamondiferous kimberlite pipe and the Riihivaara diamond projects situated in the Kuhmo area, Finland.

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