Star Diamond (TSE:DIAM) Shares Down 14.3% – Here’s What Happened

Star Diamond Co. (TSE:DIAMGet Free Report) shares dropped 14.3% during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,473,020 shares were traded during mid-day trading, an increase of 452% from the average daily volume of 266,628 shares. The stock had previously closed at C$0.04.

Star Diamond Stock Performance

The company has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.05. 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 company has a market capitalization of C$26.89 million, a PE ratio of -3.50 and a beta of 0.74.

Star Diamond (TSE:DIAMGet Free Report) last posted its quarterly earnings results on Tuesday, November 11th. The company reported C$0.00 earnings per share for the quarter.

About Star Diamond

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Star Diamond Corp is a Canadian natural resource company. The principal activities of the company are the exploration, development, and production of diamonds. The company owns an interest in the Star-Orion South Diamond project, and Fort a la Corne Diamond District properties located in central Saskatchewan; and Buffalo Hills property located in the northwest of Edmonton.

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