Gem Diamonds Limited (LON:GEMD – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 13 and last traded at GBX 11, with a volume of 2739144 shares traded. The stock had previously closed at GBX 12.
Gem Diamonds Stock Down 8.3%
The stock has a market capitalization of £15.40 million, a P/E ratio of -0.15, a P/E/G ratio of 0.18 and a beta of 1.29. The company has a current ratio of 2.38, a quick ratio of 1.09 and a debt-to-equity ratio of 20.53. The firm’s fifty day moving average is GBX 4.97 and its 200-day moving average is GBX 4.33.
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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