Karelian Diamond Resources (LON:KDR) Share Price Passes Below 200 Day Moving Average – Here’s Why

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.55 ($0.02) and traded as low as GBX 1.24 ($0.02). Karelian Diamond Resources shares last traded at GBX 1.24 ($0.02), with a volume of 38,678 shares trading hands.

Karelian Diamond Resources Trading Up 7.8 %

The company has a market cap of £1.60 million, a price-to-earnings ratio of -11.13 and a beta of 0.93. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.17 and a quick ratio of 0.11. The business’s 50-day simple moving average is GBX 1.29 and its 200-day simple moving average is GBX 1.55.

About Karelian Diamond Resources

(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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