Shares of Gem Diamonds Limited (LON:GEMD – Get Free Report) dropped 2.3% on Monday . The stock traded as low as GBX 2.66 and last traded at GBX 2.90. Approximately 796,500 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 766,938 shares. The stock had previously closed at GBX 2.97.
Gem Diamonds Stock Performance
The firm has a market cap of £4.06 million, a P/E ratio of -0.37, a price-to-earnings-growth 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 business’s fifty day simple moving average is GBX 3.14 and its 200-day simple moving average is GBX 4.38.
Gem Diamonds Company Profile
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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