Diamcor Mining (CVE:DMI) Sets New 1-Year Low – What’s Next?

by · The Markets Daily

Diamcor Mining Inc. (CVE:DMI – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.02.

Diamcor Mining Stock Performance

The firm’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03. The company has a market capitalization of C$3.37 million, a PE ratio of -0.73 and a beta of 1.38. The company has a debt-to-equity ratio of -99.58, a current ratio of 0.04 and a quick ratio of 0.13.

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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