Botswana Diamonds (LON:BOD) Shares Down 24.1% – Should You Sell?

Botswana Diamonds plc (LON:BOD)’s share price was down 24.1% during mid-day trading on Wednesday . The stock traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 7,508,209 shares traded hands during mid-day trading, an increase of 415% from the average daily volume of 1,457,405 shares. The stock had previously closed at GBX 0.22 ($0.00).

Botswana Diamonds Stock Performance

The firm’s fifty day moving average is GBX 0.23 and its two-hundred day moving average is GBX 0.29. The company has a market cap of £1.92 million, a P/E ratio of -11.00 and a beta of 0.80.

Botswana Diamonds Company Profile

Botswana Diamonds plc explores for and develops diamond properties in Botswana, South Africa, and Zimbabwe. The company's flagship property is the Thorny River/Marsfontein property located in South Africa. It also explores primarily in the Kalahari region of Botswana. Botswana Diamonds plc was formerly known as Botswana Exploration plc and changed its name to Botswana Diamonds plc in October 2010.