Karelian Diamond Resources (LON:KDR) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Karelian Diamond Resources Plc (LON:KDRGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1.26 ($0.02) and traded as low as GBX 0.63 ($0.01). Karelian Diamond Resources shares last traded at GBX 0.63 ($0.01), with a volume of 826,726 shares traded.

Karelian Diamond Resources Price Performance

The business’s fifty day moving average is GBX 1.02 and its 200-day moving average is GBX 1.26. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.06 and a quick ratio of 0.11. The firm has a market cap of £1.09 million, a PE ratio of -3.81 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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