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

Gemfields Group Limited (LON:GEMGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 8 ($0.10) and last traded at GBX 8.20 ($0.10), with a volume of 548284 shares. The stock had previously closed at GBX 8.25 ($0.10).

Gemfields Group Price Performance

The company has a market capitalization of £95.94 million, a price-to-earnings ratio of -825.00 and a beta of 0.11. The stock has a fifty day simple moving average of GBX 10.72 and a 200-day simple moving average of GBX 11.48. The company has a debt-to-equity ratio of 13.85, a current ratio of 2.11 and a quick ratio of 2.46.

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.

Further Reading

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