Star Diamond (TSE:DIAM) Hits New 52-Week Low – What’s Next?

Star Diamond Co. (TSE:DIAM) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 12375 shares. The stock had previously closed at C$0.03.

Star Diamond Stock Performance

The firm has a market capitalization of C$19.35 million, a PE ratio of -2.50 and a beta of -0.25. The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05. The business has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03.

Star Diamond (TSE:DIAM) last released its quarterly earnings results on Monday, March 30th. The company reported C$0.00 earnings per share for the quarter.

Star Diamond Company Profile

Star Diamond is a Canadian natural resource company focused on exploring and evaluating Saskatchewan’s diamond resources. Star Diamond holds a 100% interest in the Fort à la Corne Project, (FALC Project, which includes the Star – Orion South Diamond Project, or the “Project”). These properties are in central Saskatchewan, near established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future possible mine development. The Company also holds a 100% interest in the exploration and evaluation properties of the Buffalo Hills Diamond Project (the “BH Project”) located approximately 400 kilometres northwest of Edmonton, Alberta, Canada.