Diamcor Mining Breaks Above 200-Day Moving Average - Bullish for DMI

In trading on Friday, shares of Diamcor Mining Inc (TSXV: DMI.TO) crossed above their 200 day moving average of $1.40, changing hands as high as $1.45 per share. Diamcor Mining Inc shares are currently trading up about 21% on the day. The chart below shows the one year performance of DMI shares, versus its 200 day moving average:

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Diamcor Mining Inc 200 Day Moving Average Chart

Looking at the chart above, DMI's low point in its 52 week range is $1.06 per share, with $1.90 as the 52 week high point — that compares with a last trade of $1.44.

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