Shares of Gemfields Group Limited (LON:GEM – Get Free Report) were down 8% during mid-day trading on Monday . The company traded as low as GBX 5.50 ($0.07) and last traded at GBX 5.52 ($0.07). Approximately 659,693 shares traded hands during mid-day trading, an increase of 0% from the average daily volume of 659,477 shares. The stock had previously closed at GBX 6 ($0.08).
Gemfields Group Trading Down 8.0%
The company has a quick ratio of 2.46, a current ratio of 2.11 and a debt-to-equity ratio of 16.51. The business’s 50 day moving average is GBX 5.79 and its two-hundred day moving average is GBX 5.37. The firm has a market capitalization of £95.21 million, a P/E ratio of -59.38 and a beta of 0.11.
Gemfields Group Company Profile
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world).
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