Gem Diamonds Limited (LON:GEMD – Get Free Report) shares shot up 23.3% during trading on Thursday . The stock traded as high as GBX 5.30 and last traded at GBX 5.30. 786,245 shares changed hands during mid-day trading, an increase of 84% from the average session volume of 426,590 shares. The stock had previously closed at GBX 4.30.
Gem Diamonds Stock Performance
The business has a fifty day simple moving average of GBX 3.62 and a two-hundred day simple moving average of GBX 3.87. The company has a quick ratio of 1.09, a current ratio of 2.34 and a debt-to-equity ratio of 25.27. The company has a market cap of £7.42 million, a P/E ratio of -0.07, a P/E/G ratio of 0.18 and a beta of 1.23.
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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