Gem Diamonds Limited (LON:GEMD – Get Free Report)’s stock price fell 18% on Monday . The company traded as low as GBX 9.55 and last traded at GBX 10. Approximately 1,842,578 shares traded hands during mid-day trading, an increase of 186% from the average session volume of 644,233 shares. The stock had previously closed at GBX 12.20.
Gem Diamonds Stock Performance
The firm has a market capitalization of £14.00 million, a PE ratio of -0.13, a price-to-earnings-growth ratio of 0.18 and a beta of 1.29. The company has a debt-to-equity ratio of 20.53, a current ratio of 2.38 and a quick ratio of 1.09. The stock has a 50-day moving average price of GBX 4.67 and a 200-day moving average price of GBX 4.23.
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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