Rockwell Diamonds (OTCMKTS:RDIAF) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Rockwell Diamonds Inc. (OTCMKTS:RDIAFGet Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.02 and traded as low as $0.0120. Rockwell Diamonds shares last traded at $0.0250, with a volume of 287,400 shares trading hands.

Rockwell Diamonds Stock Up 66.7%

The firm’s 50 day simple moving average is $0.02 and its 200 day simple moving average is $0.02.

Rockwell Diamonds Company Profile

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Rockwell Diamonds Inc, a Canadian-headquartered diamond producer listed on the OTC Markets under the ticker RDIAF, specializes in the extraction and sale of gem-quality rough diamonds. The company’s primary focus is on alluvial diamond deposits, harnessing surface-level river gravels and small-scale bulk sampling methods to recover diamonds suitable for the global jewelry and industrial markets.

Rockwell’s core operations are centered along the Vaal River in South Africa, where it operates the Saxendrift and Klipdam alluvial mines.

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