Gemfields Group (LON:GEM) Reaches New 12-Month Low – Here’s What Happened

Shares of Gemfields Group Limited (LON:GEMGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 7.75 ($0.10) and last traded at GBX 7.89 ($0.10), with a volume of 251257 shares traded. The stock had previously closed at GBX 8.15 ($0.10).

Gemfields Group Stock Up 1.9 %

The stock has a market capitalization of £92.43 million, a price-to-earnings ratio of -775.00 and a beta of 0.11. The business has a 50-day moving average of GBX 10.28 and a 200-day moving average of GBX 11.30. The company has a debt-to-equity ratio of 13.85, a quick ratio of 2.46 and a current ratio of 2.11.

Gemfields Group Company Profile

(Get Free Report)

Gemfields Group Limited, together with its subsidiaries, operates as a mining company. The company operates in six segments: Kagem Mining Limited; Montepuez Ruby Mining Limitada; Development Assets; Fabergé; Corporate; and Other. It explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar.

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