Star Diamond (TSE:DIAM) Trading Down 20% – Time to Sell?

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price dropped 20% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 685,228 shares traded hands during mid-day trading, an increase of 208% from the average daily volume of 222,543 shares. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The firm has a market capitalization of C$15.44 million, a P/E ratio of -2.50 and a beta of 1.94. The company has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.05. The company has a debt-to-equity ratio of 2.05, a current ratio of 2.06 and a quick ratio of 17.99.

Star Diamond Company Profile

(Get Free Report)

Star Diamond Corporation engages in the exploration, development, and production of diamonds in Canada. The company's principal mineral properties include the Star Kimberlite property and the Orion South Kimberlite property located in Fort à la Corne area of Saskatchewan, Canada. It also holds a 50% interest in the Buffalo Hills project located in north central Alberta, Canada.

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