Peregrine Diamonds (TSE:PGD) Stock Passes Above 200-Day Moving Average – Here’s Why

Peregrine Diamonds Ltd. (TSE:PGDGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$0.24. Peregrine Diamonds shares last traded at C$0.24, with a volume of 5,000 shares.

Peregrine Diamonds Stock Performance

The company has a current ratio of 1.56, a quick ratio of 1.38 and a debt-to-equity ratio of 1.20. The company has a market cap of C$106.12 million and a price-to-earnings ratio of -10.91. The business has a 50 day moving average price of C$0.24.

About Peregrine Diamonds

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Peregrine Diamonds Ltd., an exploration stage mining company, focuses on the exploration, development, and recovery of minerals and precious gems in Canada and Botswana. The company primarily explores for diamond. It primarily holds 100% interests in the Chidliak property comprising 266 mineral claims covering a total area of 277,997-hectares located on Baffin Island in Nunavut, Canada.

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