Karelian Diamond Resources (LON:KDR) Shares Down 5.7% – Should You Sell?

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s stock price traded down 5.7% during mid-day trading on Wednesday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.65 ($0.02). 532,447 shares changed hands during mid-day trading, an increase of 65% from the average session volume of 322,971 shares. The stock had previously closed at GBX 1.75 ($0.02).

Karelian Diamond Resources Price Performance

The company’s 50-day simple moving average is GBX 1.56 and its 200 day simple moving average is GBX 2.06. The company has a quick ratio of 0.11, a current ratio of 0.17 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of £2.12 million, a price-to-earnings ratio of -11.13 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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