Diamcor Mining (CVE:DMI) Stock Price Down 16.7% – What’s Next?

Diamcor Mining Inc. (CVE:DMI)’s share price was down 16.7% during mid-day trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 566,948 shares changed hands during mid-day trading, an increase of 793% from the average daily volume of 63,466 shares. The stock had previously closed at C$0.03.

Diamcor Mining Price Performance

The stock has a market capitalization of C$4.22 million, a price-to-earnings ratio of -0.63 and a beta of 1.38. The company has a current ratio of 0.05, a quick ratio of 0.13 and a debt-to-equity ratio of 617.97. The stock has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.04.

Diamcor Mining Company Profile

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.