Diamcor Mining (CVE:DMI) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Diamcor Mining Inc. (CVE:DMI) shares 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 traded.

Diamcor Mining Price Performance

The stock has a market capitalization of C$1.69 million, a price-to-earnings ratio of -0.36 and a beta of 1.38. The company has a debt-to-equity ratio of -99.58, a current ratio of 0.04 and a quick ratio of 0.13. The company has a 50-day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01.

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.