Diamcor Mining (CVE:DMI) Shares Down 11.1%

Diamcor Mining Inc. (CVE:DMI)’s stock price fell 11.1% on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 240,000 shares changed hands during trading, an increase of 335% from the average session volume of 55,117 shares. The stock had previously closed at C$0.05.

Diamcor Mining Stock Performance

The company has a current ratio of 0.06, a quick ratio of 0.13 and a debt-to-equity ratio of 617.97. The company’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. The company has a market cap of C$5.14 million, a P/E ratio of -1.50 and a beta of 1.38.

Diamcor Mining (CVE:DMI) last posted its quarterly earnings data on Thursday, February 29th. The mining company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$0.05 million for the quarter. As a group, equities analysts forecast that Diamcor Mining Inc. will post 0.1 earnings per share for the current year.

Diamcor Mining Company Profile

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.