Karelian Diamond Resources (LON:KDR) Share Price Passes Above 50 Day Moving Average of $1.96

Shares of Karelian Diamond Resources Plc (LON:KDRGet Rating) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1.96 ($0.02) and traded as high as GBX 2.40 ($0.03). Karelian Diamond Resources shares last traded at GBX 2.25 ($0.03), with a volume of 75,266 shares traded.

Karelian Diamond Resources Stock Up 4.7 %

The business’s 50 day moving average is GBX 1.96 and its 200 day moving average is GBX 2.36. The company has a market capitalization of ¬£1.54 million and a price-to-earnings ratio of -11.25. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.26 and a current ratio of 0.26.

About Karelian Diamond Resources

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Karelian Diamond Resources Plc engages in the discovery, evaluation, and development of diamond deposits. The company holds interests in the Lahtojoki diamond project located in the Kuopio-Kaavi region in Finland; and the Seitaperä diamondiferous kimberlite pipe and the Riihivaara diamond projects situated in the Kuhmo area, Finland.

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