Karelian Diamond Resources (LON:KDR) Shares Up 26.1% – Here’s Why

Karelian Diamond Resources Plc (LON:KDRGet Free Report)’s stock price was up 26.1% during mid-day trading on Wednesday . The stock traded as high as GBX 1.45 ($0.02) and last traded at GBX 1.45 ($0.02). Approximately 202,963 shares changed hands during mid-day trading, an increase of 41% from the average daily volume of 143,806 shares. The stock had previously closed at GBX 1.15 ($0.01).

Karelian Diamond Resources Trading Up 25.2 %

The stock has a 50 day simple moving average of GBX 1.19 and a 200-day simple moving average of GBX 1.42. The company has a current ratio of 0.17, a quick ratio of 0.11 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of £1.85 million, a P/E ratio of -11.13 and a beta of 0.93.

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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