Star Diamond (TSE:DIAM) Sets New 12-Month Low – Should You Sell?

Star Diamond Co. (TSE:DIAM)’s stock price 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 changing hands. The stock had previously closed at C$0.03.

Star Diamond Stock Performance

The company has a current ratio of 2.06, a quick ratio of 17.99 and a debt-to-equity ratio of 2.05. 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.

Star Diamond (TSE:DIAM) last posted 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 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.