Diamcor Mining (CVE:DMI) Hits New 52-Week Low – Here’s Why

Diamcor Mining Inc. (CVE:DMI)’s share price reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 158000 shares. The stock had previously closed at C$0.02.

Diamcor Mining Price Performance

The firm has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The firm has a market cap of C$2.53 million, a P/E ratio of -0.54 and a beta of 1.38. The company has a current ratio of 0.04, a quick ratio of 0.13 and a debt-to-equity ratio of -99.58.

Diamcor Mining Company Profile

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.