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

Shares of Star Diamond Co. (TSE:DIAMGet Free Report) reached a new 52-week low during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 31022 shares traded. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The company’s 50 day moving average price is C$0.03 and its 200 day moving average price is 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 firm has a market capitalization of C$19.35 million, a price-to-earnings ratio of -2.50 and a beta of -0.45.

Star Diamond (TSE:DIAMGet Free Report) last released its earnings results on Monday, March 30th. The company reported C$0.00 earnings per share (EPS) for the quarter.

Star Diamond Company Profile

(Get Free Report)

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.

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