Diamcor Mining (CVE:DMI) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Shares of Diamcor Mining Inc. (CVE:DMI) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.01 and traded as high as C$0.01. Diamcor Mining shares last traded at C$0.01, with a volume of 93,054 shares trading hands.

Diamcor Mining Price Performance

The company has a current ratio of 0.04, a quick ratio of 0.13 and a debt-to-equity ratio of -52.49. The business has a fifty day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. The stock has a market capitalization of C$1.69 million, a P/E ratio of -0.36 and a beta of 1.38.

Diamcor Mining Company Profile

Diamcor Mining Inc, a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa. The company was incorporated in 1985 and is based in Kelowna, Canada.