Gem Diamonds Limited (LON:GEMD – Get Free Report) traded up 20% on Tuesday . The company traded as high as GBX 12.67 and last traded at GBX 12. Approximately 4,906,886 shares changed hands during mid-day trading, an increase of 634% from the average daily volume of 668,316 shares. The stock had previously closed at GBX 10.
Gem Diamonds Price Performance
The company has a market cap of £16.80 million, a P/E ratio of -0.16, a PEG ratio of 0.18 and a beta of 1.29. The business’s fifty day moving average is GBX 4.80 and its 200 day moving average is GBX 4.28. The company has a current ratio of 2.38, a quick ratio of 1.09 and a debt-to-equity ratio of 20.53.
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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