Diamcor Mining (CVE:DMI) Shares Down 16.7% – Should You Sell?

Diamcor Mining Inc. (CVE:DMI)’s share price dropped 16.7% during mid-day trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 566,948 shares changed hands during trading, an increase of 793% from the average daily volume of 63,466 shares. The stock had previously closed at C$0.03.

Diamcor Mining Trading Down 16.7 %

The business’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.04. The company has a quick ratio of 0.13, a current ratio of 0.05 and a debt-to-equity ratio of 617.97. The firm has a market capitalization of C$4.22 million, a PE ratio of -0.63 and a beta of 1.38.

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.