Karelian Diamond Resources (LON:KDR) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Karelian Diamond Resources Plc (LON:KDRGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.58 and traded as low as GBX 0.55. Karelian Diamond Resources shares last traded at GBX 0.55, with a volume of 100,000 shares.

Karelian Diamond Resources Stock Up 2.3%

The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.29. The company has a market capitalization of £1.16 million, a P/E ratio of -2.94 and a beta of 0.93. The stock has a 50 day moving average price of GBX 0.53 and a 200 day moving average price of GBX 0.58.

About Karelian Diamond Resources

(Get Free Report)

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. The company also explores for nickel, copper, and platinum metals in Northern Ireland. Karelian Diamond Resources Plc was incorporated in 2004 and is headquartered in Dublin, Ireland.

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