Shares of Gem Diamonds Limited (LON:GEMD – Get Free Report) were up 2.2% on Thursday . The stock traded as high as GBX 3.75 and last traded at GBX 3.75. Approximately 306,211 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 595,976 shares. The stock had previously closed at GBX 3.67.
Gem Diamonds Stock Performance
The company has a quick ratio of 1.09, a current ratio of 2.34 and a debt-to-equity ratio of 25.27. The stock has a fifty day moving average price of GBX 3.97 and a 200-day moving average price of GBX 3.55. The firm has a market cap of £6.05 million, a price-to-earnings ratio of -0.06, a price-to-earnings-growth ratio of 0.18 and a beta of 1.20.
About Gem Diamonds
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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