Gem Diamonds Limited (LON:GEMD – Get Free Report) was up 4.4% on Wednesday. The stock traded as high as GBX 9.85 and last traded at GBX 9.50. 880,617 shares changed hands during trading, an increase of 26% from the average session volume of 699,184 shares. The stock had previously closed at GBX 9.10.
Gem Diamonds Stock Performance
The firm’s 50 day simple moving average is GBX 8 and its 200-day simple moving average is GBX 5.28. The company has a market capitalization of £13.30 million, a price-to-earnings ratio of -0.14, a P/E/G ratio of 0.18 and a beta of 1.29. The company has a debt-to-equity ratio of 20.53, a quick ratio of 1.09 and a current ratio of 2.38.
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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