Diamcor Mining (CVE:DMI) Sets New 12-Month Low – Should You Sell?

Diamcor Mining Inc. (CVE:DMIGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 37000 shares changing hands. The stock had previously closed at C$0.04.

Diamcor Mining Stock Down 14.3 %

The company has a current ratio of 0.05, a quick ratio of 0.13 and a debt-to-equity ratio of 617.97. The stock has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The firm has a market capitalization of C$5.06 million, a PE ratio of -0.75 and a beta of 1.38.

About Diamcor Mining

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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.

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