Diamcor Mining (CVE:DMI) Stock Price Down 40% – What’s Next?

Diamcor Mining Inc. (CVE:DMIGet Free Report)’s stock price was down 40% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 1,310,143 shares changed hands during mid-day trading, an increase of 1,829% from the average daily volume of 67,901 shares. The stock had previously closed at C$0.03.

Diamcor Mining Stock Performance

The company has a quick ratio of 0.13, a current ratio of 0.05 and a debt-to-equity ratio of 617.97. The stock has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The firm has a market cap of C$2.53 million, a price-to-earnings ratio of -0.38 and a beta of 1.38.

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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