Shares of Star Diamond Co. (TSE:DIAM – Get Free Report) rose 33.3% during mid-day trading on Wednesday. The company traded as high as C$0.02 and last traded at C$0.02. 281,151 shares traded hands during trading, an increase of 41% from the average daily volume of 199,851 shares. The stock had previously closed at C$0.01.
Star Diamond Trading Up 33.3%
The stock has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.03. The company has a market cap of C$15.48 million, a PE ratio of -2.00 and a beta of -0.48. The company has a debt-to-equity ratio of 2.05, a quick ratio of 17.99 and a current ratio of 2.06.
About Star Diamond
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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