Gem Diamonds Limited (LON:GEMD – Get Free Report) shares fell 12.3% during trading on Friday . The stock traded as low as GBX 4 and last traded at GBX 4. 7,840 shares traded hands during trading, a decline of 99% from the average session volume of 591,470 shares. The stock had previously closed at GBX 4.56.
Gem Diamonds Stock Performance
The firm has a 50-day moving average price of GBX 3.98 and a 200 day moving average price of GBX 3.58. The firm has a market capitalization of £6.12 million, a PE ratio of -0.06, a price-to-earnings-growth ratio of 0.18 and a beta of 1.20. The company has a quick ratio of 1.09, a current ratio of 2.34 and a debt-to-equity ratio of 25.27.
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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