Gemfields’ (GEM) “Corporate” Rating Reiterated at FinnCap

FinnCap reaffirmed their corporate rating on shares of Gemfields (LON:GEM) in a report published on Monday morning, ThisIsMoney.Co.Uk reports.

Shares of GEM stock opened at GBX 10.50 ($0.14) on Monday. The firm has a market capitalization of $122.96 million and a price-to-earnings ratio of -2.10. The company has a quick ratio of 1.80, a current ratio of 3.17 and a debt-to-equity ratio of 7.88. Gemfields has a one year low of GBX 5.79 ($0.08) and a one year high of GBX 654 ($8.60).

Gemfields Company Profile

Gemfields plc is a supplier of colored gemstones. The Company operates through five segments: Zambia, which includes emerald and beryl mining activities; Mozambique, which includes ruby and corundum mining activities; UK, which includes sales of cut and polished gemstones, marketing, technical and administrative services; Faberge, which includes wholesale and retail sales of jewelry and watches, and Other, which includes new projects and traded auctions.

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