Peregrine Diamonds (TSE:PGD) Trading 2.1% Higher – Time to Buy?

Peregrine Diamonds Ltd. (TSE:PGDGet Free Report)’s stock price was up 2.1% on Tuesday . The company traded as high as C$0.24 and last traded at C$0.24. Approximately 5,000 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 330,480 shares. The stock had previously closed at C$0.24.

Peregrine Diamonds Stock Up 2.1 %

The company’s fifty day moving average price is C$0.24. The firm has a market capitalization of C$106.12 million and a price-to-earnings ratio of -10.91. The company has a quick ratio of 1.38, a current ratio of 1.56 and a debt-to-equity ratio of 1.20.

About Peregrine Diamonds

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Peregrine Diamonds Ltd., an exploration stage mining company, focuses on the exploration, development, and recovery of minerals and precious gems in Canada and Botswana. The company primarily explores for diamond. It primarily holds 100% interests in the Chidliak property comprising 266 mineral claims covering a total area of 277,997-hectares located on Baffin Island in Nunavut, Canada.

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