Karelian Diamond Resources (LON:KDR) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.39 ($0.02) and traded as low as GBX 1.16 ($0.01). Karelian Diamond Resources shares last traded at GBX 1.16 ($0.01), with a volume of 9,603 shares.

Karelian Diamond Resources Price Performance

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 has a market cap of £2.01 million, a P/E ratio of -7.04 and a beta of 0.93. The firm’s fifty day moving average is GBX 1.19 and its two-hundred day moving average is GBX 1.39.

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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