Shares of Gem Diamonds Limited (LON:GEMD – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 8 and last traded at GBX 6.46, with a volume of 6649798 shares changing hands. The stock had previously closed at GBX 5.60.
Gem Diamonds Price Performance
The business has a fifty day moving average of GBX 3.76 and a two-hundred day moving average of GBX 3.92. The company has a debt-to-equity ratio of 25.27, a quick ratio of 1.09 and a current ratio of 2.34. The firm has a market capitalization of £9.04 million, a price-to-earnings ratio of -0.09, a price-to-earnings-growth ratio of 0.18 and a beta of 1.22.
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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