Star Diamond Co. (TSE:DIAM – Get Free Report)’s stock price fell 20% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 552,278 shares changed hands during mid-day trading, an increase of 162% from the average daily volume of 210,449 shares. The stock had previously closed at C$0.03.
Star Diamond Stock Down 20.0%
The company has a debt-to-equity ratio of 2.05, a current ratio of 2.06 and a quick ratio of 17.99. The firm’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.03. The firm has a market cap of C$15.48 million, a price-to-earnings ratio of -2.00 and a beta of -0.57.
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.
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