Diamcor Mining (CVE:DMI) Trading Up 25% – Here’s What Happened

Shares of Diamcor Mining Inc. (CVE:DMI) traded up 25% during trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 404,620 shares were traded during trading, an increase of 117% from the average session volume of 186,830 shares. The stock had previously closed at C$0.02.

Diamcor Mining Price Performance

The stock has a market cap of C$4.22 million, a price-to-earnings ratio of -0.63 and a beta of 1.38. The company has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The company has a quick ratio of 0.13, a current ratio of 0.05 and a debt-to-equity ratio of 617.97.

About Diamcor Mining

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.