Gem Diamonds Limited (LON:GEMD – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 13 and last traded at GBX 11, with a volume of 2739144 shares. The stock had previously closed at GBX 12.
Gem Diamonds Stock Performance
The company has a debt-to-equity ratio of 20.53, a quick ratio of 1.09 and a current ratio of 2.38. The firm has a 50 day moving average price of GBX 4.97 and a two-hundred day moving average price of GBX 4.33. The company has a market capitalization of £15.40 million, a P/E ratio of -0.15, a price-to-earnings-growth ratio of 0.18 and a beta of 1.29.
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.
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