Karelian Diamond Resources (LON:KDR) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Karelian Diamond Resources Plc (LON:KDRGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.39 ($0.02) and traded as low as GBX 1.16 ($0.01). Karelian Diamond Resources shares last traded at GBX 1.16 ($0.01), with a volume of 9,603 shares changing hands.

Karelian Diamond Resources Stock Down 5.0 %

The business has a fifty day moving average of GBX 1.19 and a 200 day moving average of GBX 1.39. The firm has a market cap of £2.01 million, a P/E ratio of -7.04 and a beta of 0.93. The company has a quick ratio of 0.11, a current ratio of 0.06 and a debt-to-equity ratio of 1.29.

Karelian Diamond Resources Company Profile

(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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