Karelian Diamond Resources (LON:KDR) Trading Down 8.3% – Here’s What Happened

Karelian Diamond Resources Plc (LON:KDRGet Free Report) shares fell 8.3% on Tuesday . The stock traded as low as GBX 0.55 and last traded at GBX 0.55. 184,685 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 1,170,185 shares. The stock had previously closed at GBX 0.60.

Karelian Diamond Resources Stock Performance

The company has a debt-to-equity ratio of 1.29, a current ratio of 0.06 and a quick ratio of 0.11. The firm has a fifty day simple moving average of GBX 0.53 and a 200 day simple moving average of GBX 0.59. The company has a market cap of £1.21 million, a price-to-earnings ratio of -3.08 and a beta of 0.93.

Karelian Diamond Resources Company Profile

(Get Free Report)

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. The company also explores for nickel, copper, and platinum metals in Northern Ireland. Karelian Diamond Resources Plc was incorporated in 2004 and is headquartered in Dublin, Ireland.

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