Gem Diamonds Limited (LON:GEMD – Get Free Report)’s share price shot up 12.4% during trading on Monday . The stock traded as high as GBX 4.72 and last traded at GBX 4.72. 89,804 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 900,513 shares. The stock had previously closed at GBX 4.20.
Gem Diamonds Stock Up 12.4%
The company has a debt-to-equity ratio of 27.59, a quick ratio of 1.09 and a current ratio of 3.62. The firm has a market cap of £6.60 million, a price-to-earnings ratio of -0.60, a PEG ratio of 0.18 and a beta of 1.51. The business’s 50 day moving average price is GBX 3.43 and its 200 day moving average price is GBX 3.58.
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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