Gem Diamonds Limited (LON:GEMD – Get Free Report) was up 7.5% during mid-day trading on Friday . The stock traded as high as GBX 4.23 and last traded at GBX 3.60. Approximately 1,188,568 shares were traded during mid-day trading, an increase of 170% from the average session volume of 440,660 shares. The stock had previously closed at GBX 3.35.
Gem Diamonds Trading Up 7.5%
The firm has a 50 day simple moving average of GBX 3.62 and a 200 day simple moving average of GBX 3.80. 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 P/E ratio of -0.05, a P/E/G ratio of 0.18 and a beta of 1.23.
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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