Gem Diamonds Limited (LON:GEMD – Get Free Report) dropped 9.5% during trading on Wednesday . The stock traded as low as GBX 3.65 and last traded at GBX 3.65. Approximately 581,410 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 437,376 shares. The stock had previously closed at GBX 4.04.
Gem Diamonds Trading Down 9.5%
The stock has a market cap of £5.11 million, a price-to-earnings ratio of -0.05, a P/E/G ratio of 0.18 and a beta of 1.23. The business has a 50-day simple moving average of GBX 3.60 and a two-hundred day simple moving average of GBX 3.82. The company has a debt-to-equity ratio of 25.27, a quick ratio of 1.09 and a current ratio of 2.34.
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.
See Also
- Five stocks we like better than Gem Diamonds
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
- Intel’s Rally Gave It a $20 Billion Opportunity and Now Comes the Hard Part
- Visa’s AI Opportunity Is Hiding in Every Transaction
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.
