Karelian Diamond Resources (LON:KDR) Shares Down 6.2% – Here’s Why

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s share price fell 6.2% on Monday . The stock traded as low as GBX 1.22 ($0.02) and last traded at GBX 1.22 ($0.02). 81,495 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 307,501 shares. The stock had previously closed at GBX 1.30 ($0.02).

Karelian Diamond Resources Trading Down 6.2 %

The company has a quick ratio of 0.11, a current ratio of 0.17 and a debt-to-equity ratio of 1.25. The business has a 50-day simple moving average of GBX 1.50 and a 200-day simple moving average of GBX 1.90. The company has a market cap of £1.57 million, a PE ratio of -11.13 and a beta of 0.93.

About Karelian Diamond Resources

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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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