Botswana Diamonds (LON:BOD) Shares Down 8% – Time to Sell?

Botswana Diamonds plc (LON:BODGet Free Report)’s stock price was down 8% during mid-day trading on Tuesday . The company traded as low as GBX 0.23 and last traded at GBX 0.23. Approximately 3,018,301 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 2,668,978 shares. The stock had previously closed at GBX 0.25.

Botswana Diamonds Stock Performance

The stock has a 50 day moving average of GBX 0.27 and a two-hundred day moving average of GBX 0.26. The firm has a market capitalization of £2.76 million, a P/E ratio of -4.60 and a beta of 0.80.

About Botswana Diamonds

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Botswana Diamonds plc explores for and develops diamond properties in Botswana, South Africa, and Zimbabwe. The company's flagship property is the Thorny River/Marsfontein property located in South Africa. It also explores primarily in the Kalahari region of Botswana. Botswana Diamonds plc was formerly known as Botswana Exploration plc and changed its name to Botswana Diamonds plc in October 2010.

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