Karelian Diamond Resources (LON:KDR) Stock Crosses Below 200 Day Moving Average – Here’s Why

Shares of Karelian Diamond Resources Plc (LON:KDRGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.32 ($0.02) and traded as low as GBX 0.67 ($0.01). Karelian Diamond Resources shares last traded at GBX 0.67 ($0.01), with a volume of 849,245 shares.

Karelian Diamond Resources Trading Down 3.6 %

The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.11 and a current ratio of 0.06. The company’s 50 day moving average is GBX 1.08 and its 200 day moving average is GBX 1.31. The stock has a market capitalization of £1.16 million, a price-to-earnings ratio of -4.05 and a beta of 0.93.

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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