Gem Diamonds Limited (LON:GEMD – Get Free Report) shot up 23.3% during trading on Thursday . The company traded as high as GBX 5.30 and last traded at GBX 5.30. 786,245 shares changed hands during mid-day trading, an increase of 84% from the average daily volume of 426,590 shares. The stock had previously closed at GBX 4.30.
Gem Diamonds Stock Up 27.0%
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 company has a market capitalization of £8.40 million, a PE ratio of -0.08, a price-to-earnings-growth ratio of 0.18 and a beta of 1.22. The business’s 50-day simple moving average is GBX 3.69 and its 200-day simple moving average is GBX 3.90.
Gem Diamonds Company Profile
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.
Further Reading
- Five stocks we like better than Gem Diamonds
- Amazon’s Zoox Push Tests Tesla’s Robotaxi Premium as Waymo Widens Its Lead
- MarketBeat Week in Review – 08/24 – 08/28
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
Receive News & Ratings for Gem Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gem Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.
