Gem Diamonds Limited (LON:GEMD – Get Free Report) shares were down 13% during mid-day trading on Wednesday. The company traded as low as GBX 10.40 and last traded at GBX 10.40. 304,075 shares changed hands during trading, a decline of 57% from the average session volume of 705,515 shares. The stock had previously closed at GBX 11.95.
Gem Diamonds Stock Performance
The company has a debt-to-equity ratio of 20.53, a current ratio of 2.38 and a quick ratio of 1.09. The company’s fifty day moving average price is GBX 6.67 and its 200 day moving average price is GBX 4.87. The company has a market cap of £14.56 million, a PE ratio of -0.14, a P/E/G ratio of 0.18 and a beta of 1.29.
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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