Star Diamond (TSE:DIAM) Sets New 52-Week Low – Time to Sell?

Star Diamond Co. (TSE:DIAMGet Free Report)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 37615 shares. The stock had previously closed at C$0.02.

Star Diamond Price Performance

The stock has a market cap of C$17.41 million, a PE ratio of -2.25 and a beta of -0.59. The company has a debt-to-equity ratio of 2.05, a quick ratio of 17.99 and a current ratio of 2.06. The business has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03.

About Star Diamond

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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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