Stornoway Diamond (TSE:SWY) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Stornoway Diamond Co. (TSE:SWYGet Free Report)’s share price passed 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$0.02. Stornoway Diamond shares last traded at C$0.02, with a volume of 15,947,740 shares changing hands.

Stornoway Diamond Stock Performance

The firm’s 50-day moving average is C$0.02. The company has a market cap of C$18.53 million and a P/E ratio of -0.03. The company has a debt-to-equity ratio of 136.00, a current ratio of 0.70 and a quick ratio of 0.22.

About Stornoway Diamond

(Get Free Report)

Stornoway Diamond Corporation engages in the mining, acquisition, and exploration of diamond properties in Canada. Its principal project is the Renard mine located in north-central Quebec. The company was founded in 1986 and is headquartered in Longueuil, Canada.

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