Karelian Diamond Resources (LON:KDR) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1.39 ($0.02) and traded as low as GBX 1.16 ($0.01). Karelian Diamond Resources shares last traded at GBX 1.16 ($0.01), with a volume of 9,603 shares trading hands.

Karelian Diamond Resources Stock Down 5.0 %

The company has a quick ratio of 0.11, a current ratio of 0.06 and a debt-to-equity ratio of 1.29. The firm has a 50 day simple moving average of GBX 1.19 and a 200-day simple moving average of GBX 1.39. The stock has a market cap of £2.01 million, a P/E ratio of -7.04 and a beta of 0.93.

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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