Diamcor Mining (CVE:DMI) Reaches New 12-Month Low – What’s Next?

Diamcor Mining Inc. (CVE:DMI)’s share price hit a new 52-week low on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 92738 shares. The stock had previously closed at C$0.04.

Diamcor Mining Price Performance

The company has a current ratio of 0.05, a quick ratio of 0.13 and a debt-to-equity ratio of 617.97. The business has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The firm has a market capitalization of C$5.06 million, a price-to-earnings ratio of -0.88 and a beta of 1.38.

Diamcor Mining (CVE:DMI) last announced its quarterly earnings results on Thursday, August 29th. The mining company reported C($0.01) earnings per share for the quarter. As a group, research analysts forecast that Diamcor Mining Inc. will post 0.1 EPS for the current year.

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.