Gemfields Group (LON:GEM) Hits New 52-Week Low – Here’s Why

Gemfields Group Limited (LON:GEMGet Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 10.40 ($0.14) and last traded at GBX 10.40 ($0.14), with a volume of 212879 shares. The stock had previously closed at GBX 10.75 ($0.14).

Gemfields Group Stock Down 3.3 %

The company has a market capitalization of £121.68 million, a P/E ratio of -1,075.00 and a beta of 0.11. The company has a current ratio of 2.11, a quick ratio of 2.46 and a debt-to-equity ratio of 13.85. The stock’s fifty day moving average is GBX 11.54 and its 200 day moving average is GBX 11.83.

Gemfields Group Company Profile

(Get Free Report)

Gemfields Group Limited, together with its subsidiaries, operates as a mining company. The company operates in six segments: Kagem Mining Limited; Montepuez Ruby Mining Limitada; Development Assets; Fabergé; Corporate; and Other. It explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar.

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