Karelian Diamond Resources (LON:KDR) Stock Price Down 15.4% – Here’s What Happened

Karelian Diamond Resources Plc (LON:KDRGet Free Report) shares fell 15.4% on Tuesday . The company traded as low as GBX 0.83 and last traded at GBX 0.83. 146,388 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 1,229,886 shares. The stock had previously closed at GBX 0.98.

Karelian Diamond Resources Trading Down 8.9%

The stock has a market capitalization of £1.61 million, a PE ratio of -4.82 and a beta of 0.42. The company has a quick ratio of 0.11, a current ratio of 0.06 and a debt-to-equity ratio of 1.33. The business’s 50-day moving average is GBX 0.73 and its two-hundred day moving average is GBX 0.60.

About Karelian Diamond Resources

(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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