Gem Diamonds Limited (LON:GEMD – Get Free Report)’s share price traded down 12.3% on Friday . The company traded as low as GBX 4 and last traded at GBX 4. 7,840 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 591,470 shares. The stock had previously closed at GBX 4.56.
Gem Diamonds Stock Performance
The company has a debt-to-equity ratio of 25.27, a current ratio of 2.34 and a quick ratio of 1.09. The company has a market capitalization of £6.12 million, a price-to-earnings ratio of -0.06, a PEG ratio of 0.18 and a beta of 1.20. The stock has a 50 day simple moving average of GBX 3.98 and a two-hundred day simple moving average of 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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