Karelian Diamond Resources (LON:KDR) Trading 8.2% Higher – Time to Buy?

Karelian Diamond Resources Plc (LON:KDRGet Free Report) shares rose 8.2% during mid-day trading on Tuesday . The stock traded as high as GBX 0.80 and last traded at GBX 0.79. Approximately 469,994 shares traded hands during trading, a decline of 44% from the average daily volume of 843,168 shares. The stock had previously closed at GBX 0.73.

Karelian Diamond Resources Stock Performance

The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.33. The firm has a market cap of £1.55 million, a PE ratio of -4.65 and a beta of 0.42. The stock’s 50 day moving average price is GBX 0.68 and its 200 day moving average price is GBX 0.70.

Karelian Diamond Resources Company Profile

(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. The company also explores for nickel, copper, and platinum metals in Northern Ireland. Karelian Diamond Resources Plc was incorporated in 2004 and is headquartered in Dublin, Ireland.

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