Karelian Diamond Resources (LON:KDR) Stock Price Down 10.4% – What’s Next?

Karelian Diamond Resources Plc (LON:KDR)’s stock price was down 10.4% during mid-day trading on Tuesday . The company traded as low as GBX 1.03 ($0.01) and last traded at GBX 1.03 ($0.01). Approximately 74,132 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 77,186 shares. The stock had previously closed at GBX 1.15 ($0.01).

Karelian Diamond Resources Price Performance

The company has a 50 day moving average of GBX 1.22 and a 200 day moving average of GBX 1.44. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.11 and a current ratio of 0.17. The stock has a market capitalization of £1.33 million, a price-to-earnings ratio of -11.13 and a beta of 0.93.

Karelian Diamond Resources Company Profile

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.