Gem Diamonds Limited (LON:GEMD – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.53 and traded as high as GBX 3.84. Gem Diamonds shares last traded at GBX 3.67, with a volume of 147,924 shares.
Gem Diamonds Price Performance
The business’s 50 day moving average is GBX 3.97 and its two-hundred day moving average is GBX 3.55. The firm has a market cap of £6.05 million, a P/E ratio of -0.06, a P/E/G ratio of 0.18 and a beta of 1.20. The company has a quick ratio of 1.09, a current ratio of 2.34 and a debt-to-equity ratio of 25.27.
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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