Botswana Diamonds (LON:BOD) Trading 13% Higher – Still a Buy?

Shares of Botswana Diamonds plc (LON:BOD) were up 13% during mid-day trading on Thursday . The company traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 3,487,475 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 2,904,681 shares. The stock had previously closed at GBX 0.12 ($0.00).

Botswana Diamonds Trading Up 13.0 %

The firm has a market cap of £1.56 million, a PE ratio of -2.59 and a beta of 0.80. The firm has a 50 day moving average price of GBX 0.11 and a 200-day moving average price of GBX 0.18.

Botswana Diamonds (LON:BOD) last issued its quarterly earnings results on Wednesday, March 19th. The company reported GBX (0.02) ($0.00) earnings per share (EPS) for the quarter. Botswana Diamonds had a negative return on equity of 10.66% and a negative net margin of 2,389.67%.

About Botswana Diamonds

Botswana Diamonds plc explores for and develops diamond properties in Botswana, South Africa, and Zimbabwe. The company's flagship property is the Thorny River/Marsfontein property located in South Africa. It also explores primarily in the Kalahari region of Botswana. Botswana Diamonds plc was formerly known as Botswana Exploration plc and changed its name to Botswana Diamonds plc in October 2010.