Shares of Gemfields Group Limited (LON:GEM – Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 11.30 ($0.14) and last traded at GBX 11.50 ($0.14), with a volume of 226106 shares. The stock had previously closed at GBX 11.75 ($0.15).
Gemfields Group Trading Down 1.1 %
The business’s fifty day moving average is GBX 12.44 and its 200-day moving average is GBX 12.79. The firm has a market cap of £133.09 million, a P/E ratio of -1,137.50 and a beta of 0.19. The company has a debt-to-equity ratio of 7.95, a quick ratio of 2.46 and a current ratio of 2.65.
Gemfields Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, June 24th. Shareholders of record on Thursday, June 6th will be given a dividend of $0.01 per share. This represents a yield of 5.43%. The ex-dividend date of this dividend is Thursday, June 6th. Gemfields Group’s dividend payout ratio is presently -10,000.00%.
About Gemfields Group
Gemfields Group Limited, together with its subsidiaries, operates as a mining company. The company operates in six segments: Kagem Mining Limited; Montepuez Ruby Mining Limitada; Development Assets; Fabergé; Corporate; and Other. It explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar.
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