Gem Diamonds Limited (LON:GEMD – Get Free Report)’s share price was up 21.6% on Tuesday. The company traded as high as GBX 13 and last traded at GBX 12.40. Approximately 954,500 shares were traded during mid-day trading, an increase of 37% from the average session volume of 695,764 shares. The stock had previously closed at GBX 10.20.
Gem Diamonds Stock Up 16.8%
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 business has a fifty day moving average of GBX 8.90 and a 200-day moving average of GBX 5.04. The stock has a market cap of £16.68 million, a PE ratio of -0.18, a price-to-earnings-growth 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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