Star Diamond (TSE:DIAM) Reaches New 12-Month Low – Here’s Why

Shares of Star Diamond Co. (TSE:DIAM) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 40102 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 quick ratio of 17.99 and a current ratio of 2.06. The stock’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The firm has a market cap of C$23.05 million, a P/E ratio of -3.00 and a beta of -0.23.

Star Diamond (TSE:DIAM) last announced its quarterly earnings results on Monday, March 30th. The company reported C$0.00 earnings per share for the quarter.

Star Diamond Company Profile

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.