Diamcor Mining (CVE:DMI) Stock Price Crosses Above 200 Day Moving Average of $0.12

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Diamcor Mining Inc. (CVE:DMI)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.12 and traded as high as $0.12. Diamcor Mining shares last traded at $0.12, with a volume of 13,000 shares trading hands.

The firm’s 50 day moving average price is C$0.10 and its two-hundred day moving average price is C$0.12. The company has a market cap of $7.18 million and a P/E ratio of -2.73. The company has a debt-to-equity ratio of 617.97, a quick ratio of 0.08 and a current ratio of 0.13.

Diamcor Mining (CVE:DMI) last released its quarterly earnings data on Thursday, August 29th. The mining company reported C($0.02) earnings per share for the quarter. The firm had revenue of C$1.15 million for the quarter. As a group, analysts forecast that Diamcor Mining Inc. will post 0.1 EPS for the current fiscal year.

About Diamcor Mining (CVE:DMI)

Diamcor Mining Inc, a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa.

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