Gem Diamonds Limited (LON:GEMD – Get Free Report) shares shot up 65.3% during trading on Wednesday . The company traded as high as GBX 6 and last traded at GBX 4.71. 15,114,458 shares changed hands during mid-day trading, an increase of 1,456% from the average session volume of 971,223 shares. The stock had previously closed at GBX 2.85.
Gem Diamonds Trading Up 65.3%
The stock has a 50-day moving average price of GBX 3.03 and a two-hundred day moving average price of GBX 3.98. The stock has a market capitalization of £6.59 million, a PE ratio of -0.60, a PEG ratio of 0.18 and a beta of 1.51. The company has a debt-to-equity ratio of 30.82, a quick ratio of 1.09 and a current ratio of 1.56.
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.
Recommended Stories
- Five stocks we like better than Gem Diamonds
- [No Brainer Gold Play]: “Show me a better investment.”
- This $15 Stock Could Go Down as the #1 Stock of 2026
- What a Former CIA Agent Knows About the Coming Collapse
- The day the gold market broke
- Ray Dalio Says Buy Gold. I Say Get Paid Every Month From It
Receive News & Ratings for Gem Diamonds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gem Diamonds and related companies with MarketBeat.com's FREE daily email newsletter.
