Gem Diamonds Limited (LON:GEMD – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 5.13 and traded as high as GBX 10.81. Gem Diamonds shares last traded at GBX 10, with a volume of 1,241,835 shares traded.
Gem Diamonds Stock Down 6.1%
The firm’s 50-day moving average is GBX 7.65 and its 200 day moving average is GBX 5.17. The firm has a market capitalization of £13.36 million, a P/E ratio of -0.15, a PEG ratio of 0.18 and a beta of 1.29. The company has a debt-to-equity ratio of 20.53, a quick ratio of 1.09 and a current ratio of 2.38.
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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