Karelian Diamond Resources (LON:KDR) Stock Crosses Below 200-Day Moving Average – Here’s Why

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1.42 ($0.02) and traded as low as GBX 1.15 ($0.01). Karelian Diamond Resources shares last traded at GBX 1.29 ($0.02), with a volume of 562,918 shares.

Karelian Diamond Resources Stock Performance

The stock has a market cap of £1.65 million, a price-to-earnings ratio of -11.13 and a beta of 0.93. The stock’s 50-day moving average is GBX 1.19 and its 200 day moving average is GBX 1.42. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.17 and a quick ratio of 0.11.

About Karelian Diamond Resources

(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.

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