Gem Diamonds (LON:GEMD) Hits New 1-Year High – What’s Next?

Gem Diamonds Limited (LON:GEMDGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 8 and last traded at GBX 6.46, with a volume of 6649798 shares. The stock had previously closed at GBX 5.60.

Gem Diamonds Trading Down 18.4%

The firm has a 50-day moving average price of GBX 3.93 and a 200-day moving average price of GBX 3.99. The company has a debt-to-equity ratio of 25.27, a quick ratio of 1.09 and a current ratio of 2.34. The stock has a market cap of £11.20 million, a PE ratio of -0.11, a price-to-earnings-growth ratio of 0.18 and a beta of 1.22.

About Gem Diamonds

(Get Free Report)

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.

Featured Articles

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.