Gem Diamonds Limited (LON:GEMD – Get Free Report) hit a new 52-week low on Friday . The stock traded as low as GBX 2.69 and last traded at GBX 2.97, with a volume of 215909 shares. The stock had previously closed at GBX 2.83.
Gem Diamonds Stock Up 5.1%
The company has a market capitalization of £4.15 million, a price-to-earnings ratio of -0.38, a PEG ratio of 0.18 and a beta of 1.51. The company has a current ratio of 1.56, a quick ratio of 1.09 and a debt-to-equity ratio of 30.82. The firm’s 50 day simple moving average is GBX 3.16 and its 200-day simple moving average is GBX 4.47.
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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