Gem Diamonds Limited (LON:GEMD – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.80 and traded as high as GBX 4.22. Gem Diamonds shares last traded at GBX 3.65, with a volume of 42,544 shares.
Gem Diamonds Stock Performance
The company has a quick ratio of 1.09, a current ratio of 2.34 and a debt-to-equity ratio of 25.27. The stock has a fifty day moving average price of GBX 3.62 and a two-hundred day moving average price of GBX 3.80. The company has a market capitalization of £5.04 million, a price-to-earnings ratio of -0.05, a PEG ratio of 0.18 and a beta of 1.23.
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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