Star Diamond (TSE:DIAM) Sets New 52-Week Low – Here’s Why

Star Diamond Co. (TSE:DIAM) hit a new 52-week low on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 416590 shares traded. The stock had previously closed at C$0.03.

Star Diamond Stock Down 16.7%

The company has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a quick ratio of 17.99, a current ratio of 2.06 and a debt-to-equity ratio of 2.05. The company has a market capitalization of C$19.35 million, a P/E ratio of -2.50 and a beta of -0.23.

Star Diamond (TSE:DIAM) last issued its quarterly earnings data on Monday, March 30th. The company reported C$0.00 earnings per share for the quarter.

About Star Diamond

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.