Shares of Gem Diamonds Limited (LON:GEMD – Get Free Report) were up 11% during trading on Thursday . The stock traded as high as GBX 4.80 and last traded at GBX 4.05. Approximately 1,303,761 shares changed hands during trading, an increase of 194% from the average session volume of 442,966 shares. The stock had previously closed at GBX 3.65.
Gem Diamonds Trading Down 8.9%
The firm’s 50-day simple moving average is GBX 3.59 and its 200-day simple moving average is GBX 3.83. The firm has a market capitalization of £5.39 million, a PE ratio of -0.05, a price-to-earnings-growth ratio of 0.18 and a beta of 1.23. The company has a quick ratio of 1.09, a current ratio of 2.34 and a debt-to-equity ratio of 25.27.
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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