Karelian Diamond Resources (LON:KDR) Trading Down 10% – Time to Sell?

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s share price dropped 10% during mid-day trading on Tuesday . The company traded as low as GBX 0.45 and last traded at GBX 0.45. Approximately 309,185 shares were traded during trading, a decline of 67% from the average daily volume of 925,592 shares. The stock had previously closed at GBX 0.50.

Karelian Diamond Resources Stock Down 10.0%

The business’s 50 day simple moving average is GBX 0.52 and its 200 day simple moving average is GBX 0.58. 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 firm has a market capitalization of £883,962.00, a PE ratio of -2.25 and a beta of 0.93.

Karelian Diamond Resources Company Profile

(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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