Diamcor Mining (CVE:DMI) Reaches New 12-Month Low – Here’s Why

Diamcor Mining Inc. (CVE:DMIGet Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 279573 shares trading hands. The stock had previously closed at C$0.02.

Diamcor Mining Trading Up 33.3 %

The firm has a market capitalization of C$3.37 million, a P/E ratio of -0.50 and a beta of 1.38. The business’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The company has a quick ratio of 0.13, a current ratio of 0.05 and a debt-to-equity ratio of 617.97.

About Diamcor Mining

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Diamcor Mining Inc, a junior mining and exploration company, identifies, acquires, explores for, evaluates, operates, and develops diamond-based resource properties. It holds interests in the Krone-Endora at Venetia project that consists of Krone 104MS and Endora 66MS farms covering a combined surface area of approximately 5,888 hectares located in South Africa.

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