Stornoway Diamond Co. (TSE:SWY) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.19 and last traded at C$0.20, with a volume of 1180683 shares. The stock had previously closed at C$0.22.
A number of analysts recently issued reports on the company. BMO Capital Markets decreased their target price on Stornoway Diamond from C$0.45 to C$0.40 in a research report on Thursday, September 20th. TD Securities decreased their target price on Stornoway Diamond from C$0.65 to C$0.55 in a research report on Wednesday, August 15th.
The company has a current ratio of 0.37, a quick ratio of 0.06 and a debt-to-equity ratio of 63.22.
Stornoway Diamond Corporation engages in the mining, acquisition, and exploration of diamond properties in Canada. Its principal project is the Renard diamond project located in north-central Quebec. The company was founded in 1986 and is headquartered in Longueuil, Canada.
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