Gemfields Group (LON:GEM) Reaches New 12-Month Low – Here’s Why

Gemfields Group Limited (LON:GEMGet Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 0.01 ($0.00) and last traded at GBX 4.38 ($0.06), with a volume of 30000 shares traded. The stock had previously closed at GBX 4.25 ($0.06).

Gemfields Group Price Performance

The company has a debt-to-equity ratio of 16.51, a quick ratio of 2.46 and a current ratio of 2.11. The company has a 50-day simple moving average of GBX 4.66 and a 200-day simple moving average of GBX 6.08. The company has a market cap of £62.85 million, a price-to-earnings ratio of -5.23 and a beta of 0.11.

Gemfields Group Company Profile

(Get Free Report)

Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world).

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