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Last $0.68 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 10/12/15 All times are local (Market data is delayed by at least 15 minutes).

scio diamond technology corp (SCIO) Snapshot

Previous Close
Day High
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52 Week High
02/2/15 - $1.42
52 Week Low
10/23/14 - $0.28
Market Cap
Average Volume 10 Days
Shares Outstanding
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scio diamond technology corp (SCIO) Details

Scio Diamond Technology Corporation focuses on the development and commercialization of man-made diamond technology in the United States. It provides lab-grown and single-crystal diamonds for industrial and gemstone applications. The company is headquartered in Greenville, South Carolina.

8 Employees
Last Reported Date: 07/29/15

scio diamond technology corp (SCIO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $130.8K
Chief Financial Officer
Total Annual Compensation: $200.0K
Compensation as of Fiscal Year 2015.

scio diamond technology corp (SCIO) Key Developments

Scio Diamond Technology Corporation Reports Earnings Results for the Year Ended March 31, 2015

Scio Diamond Technology Corporation reported earnings results for the year ended March 31, 2015. For the year, the company reported revenue, net of $726,193, versus $1,418,341 a year ago. Loss from operations was $3,942,638 against $4,789,514 a year ago. Net loss was $4,141,653 against $4,950,953 a year ago. Basic and diluted loss per share was $0.08 against $0.10 a year ago. Net cash used in operating activities was $2,131,217 against $1,364,820 a year ago. Purchase of property, plant and equipment was $236,496 against $71,889 a year ago.

Scio Diamond’s Lab-Grown Fancy Pink Diamonds Reach Retail Market

Scio Diamond Technology Corporation reported that its lab-grown pink diamonds, certified by the International Gemological Institute (IGI), are now available as finished gemstones. Scio Diamond produces lab-grown rough diamonds in the three to five carat size and Renaissance Diamonds Inc. processes, cuts and polishes the jewels. The two companies then sell the finished diamonds, in sizes from half-a-carat to two carat and larger, to retailers through a joint venture, Renaissance Created Diamonds. Scio Diamond gems are being tested in a national marketing program through Helzberg Diamonds.

Scio Diamond Technology Corporation Doubles Diamond-Growing Capacity

Scio Diamond Technology Corporation announced that it will complete a manufacturing expansion in May that will more than double its capacity to create lab-grown diamonds. The company is refitting its current diamond-growing reactors with larger growing platforms and also adding new reactors. Plans to double production capacity at the company's facility in Greenville, SC began when the company closed $2.5 million in growth funding from Heritage Gemstone Investors (HGI) in December 2014.


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Valuation SCIO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 87.1x
Price/Book 5.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 83.5x

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