Shares of Gemfields Group Limited (LON:GEM – Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 5.50 ($0.07) and last traded at GBX 6 ($0.07), with a volume of 488117 shares traded. The stock had previously closed at GBX 6.25 ($0.08).
Gemfields Group Stock Up 2.4 %
The firm’s fifty day simple moving average is GBX 7.55 and its two-hundred day simple moving average is GBX 10.05. The company has a current ratio of 2.11, a quick ratio of 2.46 and a debt-to-equity ratio of 13.85. The company has a market capitalization of £68.91 million, a price-to-earnings ratio of -589.00 and a beta of 0.11.
Gemfields Group Company Profile
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world).
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