Gem Diamonds Limited (LON:GEMD – Get Free Report) shares were down 11.5% during mid-day trading on Thursday . The stock traded as low as GBX 3.35 and last traded at GBX 3.35. Approximately 205,846 shares were traded during trading, a decline of 53% from the average session volume of 435,674 shares. The stock had previously closed at GBX 3.79.
Gem Diamonds Trading Down 11.5%
The stock 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 business’s fifty day simple moving average is GBX 3.65 and its 200 day simple moving average is GBX 3.80. The company has a debt-to-equity ratio of 25.27, a current ratio of 2.34 and a quick ratio of 1.09.
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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