Star Diamond (TSE:DIAM) Sets New 1-Year Low – What’s Next?

Shares of Star Diamond Co. (TSE:DIAM) reached a new 52-week low on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 93467 shares traded. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The stock has a fifty day moving average of C$0.03 and a 200-day moving average of 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 stock has a market capitalization of C$23.22 million, a price-to-earnings ratio of -3.00 and a beta of -0.25.

Star Diamond (TSE:DIAM) last posted its quarterly earnings data on Monday, March 30th. The company reported C$0.00 earnings per share for the quarter.

Star Diamond Company Profile

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.