01:04 PM EST, 02/12/2018 (MT Newswires) -- Star Diamond (DIAM.TO) was up 23% after the company said it has completed its name change from Shore Gold and changed its trading symbol on the Toronto Stock Exchange from the former SGF.

The company first announced the name change last week to reflect the Star kimberlite diamond deposit in Saskatchewan, its flagship asset.

"it was the exploration and evaluation work completed on the Star Kimberlite that demonstrated the significant quality, size and value of the contained diamond populations," the company said in a release "hese high value diamonds facilitated the consolidation and advancement of the corporation's Fort a la Corne area kimberlites, including the Star- Orion South Diamond Project."

Star Diamond shares were up $0.04 to $0.215 at last look on the Toronto Stock Exchange,