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

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price hit a new 52-week low on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.04, with a volume of 63740 shares trading hands. The stock had previously closed at C$0.04.

Star Diamond Price Performance

The company has a market cap of C$21.61 million, a price-to-earnings ratio of -3.50 and a beta of 1.94. The business has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.06. 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 Company Profile

(Get Free Report)

Star Diamond Corporation engages in the exploration, development, and production of diamonds in Canada. The company's principal mineral properties include the Star Kimberlite property and the Orion South Kimberlite property located in Fort à la Corne area of Saskatchewan, Canada. It also holds a 50% interest in the Buffalo Hills project located in north central Alberta, Canada.

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