Diamcor Mining (OTCMKTS:DMIFF – Get Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.01 and traded as low as $0.0033. Diamcor Mining shares last traded at $0.0123, with a volume of 53,356 shares.
Diamcor Mining Trading Up 16.0%
The company’s 50 day simple moving average is $0.01 and its 200 day simple moving average is $0.01. The stock has a market capitalization of $2.07 million, a PE ratio of -1.23 and a beta of 1.67.
Diamcor Mining Company Profile
Diamcor Mining Inc is a Canada-based natural diamond producer primarily engaged in the recovery of alluvial diamonds from its Krone-Endora at Venetia project in the Northern Cape Province of South Africa. The company focuses on the exploration, development and operation of a gravel wash plant that processes material from historic alluvial diamond deposits located on De Beers’ Venetia Mine concession. Diamcor’s operations are designed to recover gem-quality rough diamonds of various sizes and qualities for the global diamond market.
The company employs a combination of dry screening, dense media separation and X-ray diamond recovery (“XRT”) technology to maximize diamond liberation and improve overall recovery rates.
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