Diamcor Mining (CVE:DMI) Stock Price Up 15%

Diamcor Mining Inc. (CVE:DMI)’s share price rose 15% during trading on Thursday . The company traded as high as C$0.12 and last traded at C$0.12, approximately 118,634 shares changed hands during mid-day trading. An increase of 45% from the average daily volume of 81,766 shares. The stock had previously closed at C$0.10.

The stock has a fifty day moving average of C$0.10 and a 200 day moving average of C$0.14. The company has a market capitalization of $6.39 million and a P/E ratio of -2.39. The company has a debt-to-equity ratio of 617.97, a quick ratio of 0.08 and a current ratio of 0.13.

Diamcor Mining (CVE:DMI) last announced its earnings results on Thursday, August 29th. The mining company reported C($0.02) EPS for the quarter. The company had revenue of C$1.15 million during the quarter. Research analysts anticipate that Diamcor Mining Inc. will post 0.1052632 EPS for the current fiscal year.

About Diamcor Mining (CVE:DMI)

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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