Karelian Diamond Resources (KDR) Sets New 1-Year Low at $5.75

Shares of Karelian Diamond Resources Plc (LON:KDR) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 5.75 ($0.08) and last traded at GBX 5.75 ($0.08), with a volume of 70852 shares. The stock had previously closed at GBX 6.25 ($0.08).

Separately, Beaufort Securities reissued a “speculative buy” rating on shares of Karelian Diamond Resources in a report on Wednesday, October 18th.

The stock has a market cap of $1.49 and a price-to-earnings ratio of -300.00.

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About Karelian Diamond Resources

Karelian Diamond Resources plc is a natural resource company. The Company is focused on the discovery of diamond deposits in Finland. It is exploring for diamonds and evaluating an existing diamond prospect (diamondiferous kimberlite pipe) in the Karelian Craton of Finland. The Company has a number of projects at various stages of development throughout the diamond-prospective Karelian Craton.

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