Shares of Karelian Diamond Resources Plc (LON:KDR – Get Free Report) dropped 8.6% on Wednesday . The company traded as low as GBX 0.82 and last traded at GBX 0.82. Approximately 620,000 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 1,303,722 shares. The stock had previously closed at GBX 0.90.
Karelian Diamond Resources Stock Performance
The company has a market capitalization of £1.93 million, a P/E ratio of -5.76 and a beta of 0.42. The stock’s fifty day moving average price is GBX 0.65 and its 200-day moving average price is GBX 0.58. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.11 and a current ratio of 0.06.
About Karelian Diamond Resources
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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