Petra Diamonds (LON:PDL) Shares Cross Below 200 Day Moving Average – Time to Sell?

Posted by on Jul 10th, 2026

Petra Diamonds Limited (LON:PDL – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 15.18 and traded as low as GBX 6.60. Petra Diamonds shares last traded at GBX 6.74, with a volume of 331,103 shares trading hands.

Petra Diamonds Trading Up 11.1%

The firm has a market capitalization of £26.10 million, a PE ratio of -0.09, a PEG ratio of 0.17 and a beta of 1.45. The company has a current ratio of 1.67, a quick ratio of 3.52 and a debt-to-equity ratio of -3,777.78. The business has a fifty day moving average price of GBX 10.87 and a two-hundred day moving average price of GBX 15.05.

Petra Diamonds Company Profile

(Get Free Report)

Petra Diamonds is a leading independent diamond mining group and a supplier of gem quality rough diamonds to the international market. The Company’s portfolio incorporates interests in two underground mines in South Africa (Cullinan and Finsch Mines) and one open pit mine in Tanzania (Williamson). In January 2025, Petra announced that it has entered into an agreement to sell its entire shareholding in the entity that holds Petra’s interest in Williamson.

Petra’s strategy is to focus on value rather than volume production by optimising recoveries from its high-quality asset base in order to maximise their efficiency and profitability.

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