Star Diamond (TSE:DIAM) Sets New 52-Week Low – Should You Sell?

Star Diamond Co. (TSE:DIAM)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.04, with a volume of 4872 shares traded. The stock had previously closed at C$0.04.

Star Diamond Stock Down 14.3%

The company has a debt-to-equity ratio of 2.05, a current ratio of 2.06 and a quick ratio of 17.99. The business has a 50 day simple moving average of C$0.03 and a 200 day simple moving average of C$0.04. The stock has a market cap of C$23.05 million, a PE ratio of -3.00 and a beta of 0.77.

Star Diamond (TSE:DIAM) last posted its quarterly earnings results on Tuesday, November 11th. The company reported C$0.00 earnings per share for the quarter.

About Star Diamond

Star Diamond Corp is a Canadian natural resource company. The principal activities of the company are the exploration, development, and production of diamonds. The company owns an interest in the Star-Orion South Diamond project, and Fort a la Corne Diamond District properties located in central Saskatchewan; and Buffalo Hills property located in the northwest of Edmonton.