Karelian Diamond Resources (LON:KDR) Shares Up 18.8% – Still a Buy?

Karelian Diamond Resources Plc (LON:KDRGet Free Report) rose 18.8% on Friday . The company traded as high as GBX 0.60 and last traded at GBX 0.51. Approximately 4,994,253 shares were traded during trading, an increase of 175% from the average daily volume of 1,818,968 shares. The stock had previously closed at GBX 0.43.

Karelian Diamond Resources Stock Up 18.8%

The firm has a market cap of £992,001.80, a P/E ratio of -2.40 and a beta of 0.93. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.29. The business has a 50-day moving average price of GBX 0.56 and a 200-day moving average price of GBX 0.62.

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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