Karelian Diamond Resources (LON:KDR) Stock Price Down 6.2% – Time to Sell?

Karelian Diamond Resources Plc (LON:KDRGet Free Report) shares traded down 6.2% during mid-day trading on Monday . The company traded as low as GBX 1.22 ($0.02) and last traded at GBX 1.22 ($0.02). 81,495 shares traded hands during trading, a decline of 73% from the average session volume of 307,501 shares. The stock had previously closed at GBX 1.30 ($0.02).

Karelian Diamond Resources Price Performance

The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.11 and a current ratio of 0.17. The company has a market capitalization of £1.80 million, a price-to-earnings ratio of -11.13 and a beta of 0.93. The company has a 50-day moving average price of GBX 1.50 and a 200-day moving average price of GBX 1.88.

About Karelian Diamond Resources

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Karelian Diamond Resources Plc engages in the exploration and development of diamond deposits. It holds interests in the Lahtojoki diamond project located in the KuopioKaavi region in Finland; and the Seitaperä diamondiferous kimberlite pipe and the Riihivaara diamond projects situated in the Kuhmo area, Finland.

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