Shares of Karelian Diamond Resources Plc (LON:KDR – Get Free Report) dropped 8.2% during mid-day trading on Wednesday . The company traded as low as GBX 0.83 and last traded at GBX 0.83. Approximately 111,969 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 1,143,455 shares. The stock had previously closed at GBX 0.90.
Karelian Diamond Resources Trading Down 8.2%
The stock has a market capitalization of £1.62 million, a PE ratio of -4.86 and a beta of 0.42. The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.33. The stock has a 50 day moving average price of GBX 0.81 and a 200-day moving average price of GBX 0.61.
About Karelian Diamond Resources
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. The company also explores for nickel, copper, and platinum metals in Northern Ireland. Karelian Diamond Resources Plc was incorporated in 2004 and is headquartered in Dublin, Ireland.
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