Shares of Gem Diamonds Limited (LON:GEMD – Get Free Report) dropped 2.3% during mid-day trading on Monday . The stock traded as low as GBX 2.66 and last traded at GBX 2.90. Approximately 796,500 shares traded hands during mid-day 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 firm has a market cap of £4.06 million, a price-to-earnings ratio of -0.37, a P/E/G ratio of 0.18 and a beta of 1.51. The company has a current ratio of 1.56, a quick ratio of 1.09 and a debt-to-equity ratio of 30.82. The company has a 50 day moving average of GBX 3.14 and a 200 day moving average of GBX 4.38.
About Gem Diamonds
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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