Karelian Diamond Resources (LON:KDR) Stock Passes Below 200-Day Moving Average – Time to Sell?

Karelian Diamond Resources Plc (LON:KDRGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.36 ($0.02) and traded as low as GBX 0.70 ($0.01). Karelian Diamond Resources shares last traded at GBX 0.74 ($0.01), with a volume of 3,507,558 shares traded.

Karelian Diamond Resources Price Performance

The company has a current ratio of 0.06, a quick ratio of 0.11 and a debt-to-equity ratio of 1.29. The firm has a fifty day moving average of GBX 1.14 and a two-hundred day moving average of GBX 1.35. The company has a market capitalization of £1.28 million, a PE ratio of -4.50 and a beta of 0.93.

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.

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