Gem Diamonds Limited (LON:GEMD – Get Free Report)’s share price shot up 7.5% during trading on Friday . The stock traded as high as GBX 4.23 and last traded at GBX 3.60. 1,188,568 shares changed hands during mid-day trading, an increase of 170% from the average session volume of 440,660 shares. The stock had previously closed at GBX 3.35.
Gem Diamonds Price Performance
The firm has a fifty day moving average price of GBX 3.63 and a two-hundred day moving average price of GBX 3.80. The company has a quick ratio of 1.09, a current ratio of 2.34 and a debt-to-equity ratio of 25.27. The stock has a market capitalization of £5.04 million, a P/E ratio of -0.05, a P/E/G ratio of 0.18 and a beta of 1.23.
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.
See Also
- Five stocks we like better than Gem Diamonds
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
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.
