Gem Diamonds (LON:GEMD) Trading Down 11.5% – Should You Sell?

Gem Diamonds Limited (LON:GEMDGet Free Report) fell 11.5% on Thursday . The stock traded as low as GBX 3.35 and last traded at GBX 3.35. Approximately 205,846 shares changed hands during trading, a decline of 53% from the average session volume of 435,674 shares. The stock had previously closed at GBX 3.79.

Gem Diamonds Trading Up 7.5%

The company has a debt-to-equity ratio of 25.27, a quick ratio of 1.09 and a current ratio of 2.34. The firm has a market cap of £5.04 million, a price-to-earnings ratio of -0.05, a PEG ratio of 0.18 and a beta of 1.23. The business has a fifty day simple moving average of GBX 3.62 and a 200-day simple moving average of GBX 3.80.

About Gem Diamonds

(Get Free Report)

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.

See Also

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.