Karelian Diamond Resources (LON:KDR) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of Karelian Diamond Resources Plc (LON:KDRGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.61 ($0.01) and traded as high as GBX 0.65 ($0.01). Karelian Diamond Resources shares last traded at GBX 0.61 ($0.01), with a volume of 1,733,053 shares changing hands.

Karelian Diamond Resources Trading Up 3.2%

The company has a market capitalization of £1.27 million, a price-to-earnings ratio of -307.14 and a beta of 0.93. The firm has a 50-day moving average price of GBX 0.61 and a 200-day moving average price of GBX 0.64. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.29.

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.

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