Gem Diamonds Limited (LON:GEMD – Get Free Report)’s share price traded up 4.4% during mid-day trading on Wednesday. The stock traded as high as GBX 9.85 and last traded at GBX 9.50. 880,617 shares were traded during mid-day trading, an increase of 26% from the average daily volume of 699,184 shares. The stock had previously closed at GBX 9.10.
Gem Diamonds Trading Down 2.1%
The firm’s 50 day moving average is GBX 8.24 and its 200 day moving average is GBX 5.35. The company has a debt-to-equity ratio of 20.53, a current ratio of 2.38 and a quick ratio of 1.09. The company has a market capitalization of £12.88 million, a PE ratio of -0.14, a P/E/G ratio of 0.18 and a beta of 1.29.
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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