Gem Diamonds Limited (LON:GEMD – Get Free Report) shares were down 20.2% during trading on Friday . The company traded as low as GBX 7.50 and last traded at GBX 7.82. Approximately 3,618,138 shares were traded during trading, an increase of 516% from the average session volume of 587,813 shares. The stock had previously closed at GBX 9.80.
Gem Diamonds Trading Down 20.2%
The firm has a market cap of £10.95 million, a PE ratio of -0.11, a PEG ratio of 0.18 and a beta of 1.22. The firm has a fifty day simple moving average of GBX 3.93 and a two-hundred day simple moving average of GBX 3.99. The company has a current ratio of 2.34, a quick ratio of 1.09 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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