Gem Diamonds Limited (LON:GEMD – Get Free Report) shares traded down 17.3% during mid-day trading on Wednesday. The stock traded as low as GBX 12 and last traded at GBX 12. 2,640,803 shares were traded during trading, an increase of 263% from the average daily volume of 728,039 shares. The stock had previously closed at GBX 14.50.
Gem Diamonds Stock Up 2.6%
The stock has a market capitalization of £14.28 million, a PE ratio of -0.16, a price-to-earnings-growth ratio of 0.18 and a beta of 1.24. The company has a current ratio of 2.38, a quick ratio of 1.09 and a debt-to-equity ratio of 20.53. The company’s 50-day moving average is GBX 10.46 and its 200 day moving average is GBX 5.48.
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.
Recommended Stories
- Five stocks we like better than Gem Diamonds
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
Receive News & Ratings for Gem Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gem Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.
