Shares of Gem Diamonds Limited (LON:GEMD – Get Free Report) traded down 2.3% during mid-day trading on Monday . The company traded as low as GBX 2.66 and last traded at GBX 2.90. 796,500 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 766,938 shares. The stock had previously closed at GBX 2.97.
Gem Diamonds Stock Down 2.3%
The firm has a 50-day moving average of GBX 3.14 and a 200 day moving average of GBX 4.38. The stock has a market capitalization of £4.06 million, a price-to-earnings ratio of -0.37, a price-to-earnings-growth ratio of 0.18 and a beta of 1.51. The company has a current ratio of 1.56, a quick ratio of 1.09 and a debt-to-equity ratio of 30.82.
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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