Shares of Gem Diamonds Limited (LON:GEMD – Get Free Report) dropped 2.3% on Monday . The company traded as low as GBX 2.66 and last traded at GBX 2.90. Approximately 796,500 shares were traded during trading, an increase of 4% from the average daily volume of 766,938 shares. The stock had previously closed at GBX 2.97.
Gem Diamonds Price Performance
The company has a market cap of £4.06 million, a PE ratio of -0.37, a price-to-earnings-growth ratio of 0.18 and a beta of 1.51. The firm has a 50 day simple moving average of GBX 3.14 and a 200-day simple moving average of GBX 4.38. The company has a quick ratio of 1.09, a current ratio of 1.56 and a debt-to-equity ratio of 30.82.
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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