Peregrine Diamonds (TSE:PGD) Shares Cross Above 200 Day Moving Average – Time to Sell?

Peregrine Diamonds Ltd. (TSE:PGDGet Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$0.24. Peregrine Diamonds shares last traded at C$0.24, with a volume of 5,000 shares.

Peregrine Diamonds Stock Performance

The stock has a fifty day moving average price of C$0.24. The stock has a market capitalization of C$106.12 million and a price-to-earnings ratio of -10.91. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.38 and a current ratio of 1.56.

Peregrine Diamonds Company Profile

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Peregrine Diamonds Ltd., an exploration stage mining company, focuses on the exploration, development, and recovery of minerals and precious gems in Canada and Botswana. The company primarily explores for diamond. It primarily holds 100% interests in the Chidliak property comprising 266 mineral claims covering a total area of 277,997-hectares located on Baffin Island in Nunavut, Canada.

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