Shares of Gem Diamonds Limited (LON:GEMD – Get Free Report) were down 18% on Monday . The company traded as low as GBX 9.55 and last traded at GBX 10. Approximately 1,842,578 shares changed hands during trading, an increase of 186% from the average session volume of 644,233 shares. The stock had previously closed at GBX 12.20.
Gem Diamonds Trading Down 18.0%
The company has a quick ratio of 1.09, a current ratio of 2.38 and a debt-to-equity ratio of 20.53. The business’s 50 day moving average is GBX 4.67 and its 200-day moving average is GBX 4.23. The firm has a market cap of £14.00 million, a P/E ratio of -0.13, a price-to-earnings-growth ratio of 0.18 and a beta of 1.29.
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.
Read More
- Five stocks we like better than Gem Diamonds
- The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares
- 3 Dividend Kings to Buy While They’re Still Beaten Down
- Rocket Lab Insiders Are Selling—But Institutions Keep Buying
- 3 European Defense Stocks Raising Guidance While the Sector Lags
Receive News & Ratings for Gem Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gem Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.
