Star Diamond (TSE:DIAM) Shares Up 1.7%

Shares of Star Diamond Co. (TSE:DIAM – Get Rating) shot up 1.7% on Thursday . The stock traded as high as C$0.31 and last traded at C$0.31. 101,757 shares traded hands during trading, a decline of 66% from the average session volume of 297,850 shares. The stock had previously closed at C$0.30.

The stock’s 50-day moving average is C$0.31 and its 200-day moving average is C$0.28. The stock has a market cap of C$144.14 million and a price-to-earnings ratio of -19.06. The company has a current ratio of 1.77, a quick ratio of 1.67 and a debt-to-equity ratio of 0.20.

About Star Diamond (TSE:DIAM)

Star Diamond Corporation engages in the exploration, development, and production of diamonds in Canada. Its principal mineral properties include the Star Kimberlite property and the Orion South Kimberlite property located in Fort à la Corne area of Saskatchewan, Canada. The company was formerly known as Shore Gold Inc and changed its name to Star Diamond Corporation in February 2018.

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