Star Diamond (TSE:DIAM) Hits New 1-Year Low – Time to Sell?

Shares of Star Diamond Co. (TSE:DIAMGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.03, with a volume of 31022 shares changing hands. The stock had previously closed at C$0.03.

Star Diamond Stock Performance

The firm’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.03. The stock has a market cap of C$19.35 million, a PE ratio of -2.50 and a beta of -0.45. The company has a debt-to-equity ratio of 2.05, a quick ratio of 17.99 and a current ratio of 2.06.

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

About Star Diamond

(Get Free Report)

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.

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