Shares of Gemfields Group Limited (LON:GEM – Get Free Report) fell 6% during mid-day trading on Thursday . The stock traded as low as GBX 5.50 ($0.07) and last traded at GBX 5.88 ($0.07). 171,186 shares changed hands during mid-day trading, an increase of 57% from the average session volume of 109,042 shares. The stock had previously closed at GBX 6.25 ($0.08).
Gemfields Group Stock Performance
The firm has a market cap of £68.74 million, a P/E ratio of -587.50 and a beta of 0.11. The company has a debt-to-equity ratio of 13.85, a quick ratio of 2.46 and a current ratio of 2.11. The business’s 50-day simple moving average is GBX 6.75 and its 200 day simple moving average is GBX 9.52.
Gemfields Group Company Profile
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world).
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