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

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as C$0.03 and last traded at C$0.04, with a volume of 339956 shares. The stock had previously closed at C$0.03.

Star Diamond Stock Down 14.3%

The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05. The stock has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.04. The firm has a market cap of C$23.05 million, a price-to-earnings ratio of -3.00 and a beta of 0.37.

About Star Diamond

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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.

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