Diamcor Mining's stock surged 25% Monday, but financial metrics hint at underlying concerns.

Diamcor Mining Inc., a junior mining company focusing on diamond resources, saw its stock price rise 25% on Monday to C$0.03, with trading volume up 117% from average. The company holds interests in the Krone-Endora at Venetia project in South Africa. Despite the price surge, financial metrics including low quick and current ratios, and a high debt-to-equity ratio suggest potential financial concerns.

2 months ago
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