Gem Diamonds Limited (LON:GEMD – Get Free Report) shares rose 10% during mid-day trading on Tuesday . The stock traded as high as GBX 3.99 and last traded at GBX 3.75. Approximately 457,682 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 452,384 shares. The stock had previously closed at GBX 3.41.
Gem Diamonds Trading Down 20.3%
The company has a market cap of £4.69 million, a price-to-earnings ratio of -0.05, a P/E/G ratio of 0.18 and a beta of 1.23. The company has a current ratio of 2.34, a quick ratio of 1.09 and a debt-to-equity ratio of 25.27. The firm’s 50-day moving average price is GBX 3.76 and its 200 day moving average price is GBX 3.78.
About Gem Diamonds
Gem Diamonds is a leading global diamond producer of high value diamonds. The Company owns 70% of the Letšeng mine in Lesotho. The Letšeng mine is famous for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world.
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