Karelian Diamond Resources (LON:KDR) Trading Down 5.7% – Here’s Why

Karelian Diamond Resources Plc (LON:KDRGet Free Report) fell 5.7% during trading on Wednesday . The company traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.65 ($0.02). 532,447 shares traded hands during mid-day trading, an increase of 65% from the average session volume of 322,971 shares. The stock had previously closed at GBX 1.75 ($0.02).

Karelian Diamond Resources Stock Performance

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 company has a market cap of £2.12 million, a price-to-earnings ratio of -11.13 and a beta of 0.93. The company’s fifty day moving average is GBX 1.56 and its two-hundred day moving average is GBX 2.05.

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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