Star Diamond (TSE:DIAM) Sets New 1-Year Low – Here’s What Happened

Star Diamond Co. (TSE:DIAM)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1282 shares changing hands. The stock had previously closed at C$0.03.

Star Diamond Stock Performance

The company has a quick ratio of 17.99, a current ratio of 2.06 and a debt-to-equity ratio of 2.05. The business has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. The firm has a market cap of C$15.48 million, a PE ratio of -2.00 and a beta of -0.59.

Star Diamond Company Profile

Star Diamond is a Canadian natural resource company focused on exploring and evaluating Saskatchewan’s diamond resources. Star Diamond holds a 100% interest in the Fort à la Corne Project, (FALC Project, which includes the Star – Orion South Diamond Project, or the “Project”). These properties are in central Saskatchewan, near established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future possible mine development. The Company also holds a 100% interest in the exploration and evaluation properties of the Buffalo Hills Diamond Project (the “BH Project”) located approximately 400 kilometres northwest of Edmonton, Alberta, Canada.