Gem Diamonds Limited (LON:GEMD – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 12.50 and last traded at GBX 11.20, with a volume of 2976791 shares trading hands. The stock had previously closed at GBX 9.50.
Gem Diamonds Trading Up 17.9%
The company has a debt-to-equity ratio of 20.53, a quick ratio of 1.09 and a current ratio of 2.38. The stock has a market cap of £15.68 million, a price-to-earnings ratio of -0.15, a price-to-earnings-growth ratio of 0.18 and a beta of 1.29. The company has a 50 day moving average of GBX 4.33 and a 200-day moving average of GBX 4.12.
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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