Diamcor Mining (CVE:DMI) Shares Down 16.7% – Here’s Why

Diamcor Mining Inc. (CVE:DMIGet Free Report) shares were down 16.7% during mid-day trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 363,071 shares traded hands during mid-day trading, an increase of 487% from the average daily volume of 61,851 shares. The stock had previously closed at C$0.03.

Diamcor Mining Trading Down 16.7 %

The company has a debt-to-equity ratio of 617.97, a quick ratio of 0.13 and a current ratio of 0.05. The stock has a market capitalization of C$4.22 million, a price-to-earnings ratio of -0.63 and a beta of 1.38. The business has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04.

About Diamcor Mining

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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.

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