Gemfields Group (LON:GEM) Sets New 52-Week Low at $11.30

Gemfields Group Limited (LON:GEM) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 11.30 ($0.14) and last traded at GBX 11.50 ($0.14), with a volume of 226106 shares trading hands. The stock had previously closed at GBX 11.75 ($0.15).

Gemfields Group Stock Down 1.1 %

The company has a current ratio of 2.65, a quick ratio of 2.46 and a debt-to-equity ratio of 7.95. The stock has a market capitalization of £133.09 million, a P/E ratio of -1,137.50 and a beta of 0.19. The stock’s 50 day simple moving average is GBX 12.44 and its 200 day simple moving average is GBX 12.79.

Gemfields Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 24th. Stockholders of record on Thursday, June 6th will be given a $0.01 dividend. The ex-dividend date is Thursday, June 6th. This represents a dividend yield of 5.43%. Gemfields Group’s payout ratio is currently -10,000.00%.

About Gemfields Group

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.