Botswana Diamonds (LON:BOD) Trading 21.1% Higher – Here’s Why

Botswana Diamonds plc (LON:BODGet Free Report) shot up 21.1% during trading on Wednesday . The company traded as high as GBX 0.23 ($0.00) and last traded at GBX 0.23 ($0.00). 6,090,395 shares changed hands during mid-day trading, an increase of 148% from the average session volume of 2,455,519 shares. The stock had previously closed at GBX 0.19 ($0.00).

Botswana Diamonds Stock Performance

The stock’s 50 day moving average is GBX 0.16 and its 200-day moving average is GBX 0.15. The company has a market cap of £3.11 million, a P/E ratio of -5.17 and a beta of 0.80.

About Botswana Diamonds

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Botswana Diamonds plc explores for and develops diamond properties in Botswana, South Africa, and Zimbabwe. The company's flagship property is the Thorny River/Marsfontein property located in South Africa. It also explores primarily in the Kalahari region of Botswana. Botswana Diamonds plc was formerly known as Botswana Exploration plc and changed its name to Botswana Diamonds plc in October 2010.

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