Star Diamond (TSE:DIAM) Hits New 12-Month Low – What’s Next?

Star Diamond Co. (TSE:DIAM) shares reached a new 52-week low on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 120001 shares. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The company’s 50-day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a market cap of C$19.35 million, a P/E ratio of -2.50 and a beta of -0.45. The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05.

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

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.