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)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 changing hands.

Karelian Diamond Resources Price Performance

The stock has a market capitalization of £1.09 million, a P/E ratio of -3.81 and a beta of 0.93. The business’s 50 day simple moving average is GBX 1.02 and its two-hundred day simple moving average is GBX 1.26. The company has a quick ratio of 0.11, a current ratio of 0.06 and a debt-to-equity ratio of 1.29.

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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