Star Diamond (TSE:DIAM) Hits New 12-Month Low – What’s Next?

Star Diamond Co. (TSE:DIAM)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 120001 shares changing hands. The stock had previously closed at C$0.03.

Star Diamond Price Performance

The company has a debt-to-equity ratio of 2.05, a quick ratio of 17.99 and a current ratio of 2.06. The business’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The stock has a market capitalization of C$19.35 million, a price-to-earnings ratio of -2.50 and a beta of -0.45.

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

About Star Diamond

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.