Botswana Diamonds (LON:BOD) Shares Down 5.5% – What’s Next?

Shares of Botswana Diamonds plc (LON:BOD) traded down 5.5% on Wednesday . The stock traded as low as GBX 0.24 and last traded at GBX 0.24. 1,309,266 shares traded hands during mid-day trading, an increase of 107% from the average session volume of 632,180 shares. The stock had previously closed at GBX 0.26.

Botswana Diamonds Trading Down 14.1%

The stock has a market cap of £2.62 million, a price-to-earnings ratio of -4.38 and a beta of 0.80. The firm has a fifty day simple moving average of GBX 0.25 and a 200-day simple moving average of GBX 0.28.

Botswana Diamonds (LON:BOD) last released its earnings results on Friday, December 12th. The company reported GBX (0.09) earnings per share 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. The company was incorporated in 2010 and is headquartered in Dublin, Ireland.