Karelian Diamond Resources (LON:KDR) Stock Price Up 26.1% – Still a Buy?

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s share price rose 26.1% on Wednesday . The company traded as high as GBX 1.45 ($0.02) and last traded at GBX 1.45 ($0.02). Approximately 202,963 shares changed hands during trading, an increase of 41% from the average daily volume of 143,806 shares. The stock had previously closed at GBX 1.15 ($0.01).

Karelian Diamond Resources Stock Down 11.1 %

The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.11 and a current ratio of 0.17. The business has a 50-day simple moving average of GBX 1.19 and a two-hundred day simple moving average of GBX 1.42. The company has a market capitalization of £1.54 million, a price-to-earnings ratio of -11.13 and a beta of 0.93.

About Karelian Diamond Resources

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Karelian Diamond Resources Plc engages in the exploration and development of diamond deposits. It holds interests in the Lahtojoki diamond project located in the KuopioKaavi region in Finland; and the Seitaperä diamondiferous kimberlite pipe and the Riihivaara diamond projects situated in the Kuhmo area, Finland.

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