Gem Diamonds Limited (LON:GEMD – Get Free Report) traded up 74.7% on Wednesday . The stock traded as high as GBX 6 and last traded at GBX 4.98. 18,255,744 shares changed hands during trading, an increase of 1,556% from the average session volume of 1,102,109 shares. The stock had previously closed at GBX 2.85.
Gem Diamonds Price Performance
The company has a market cap of £6.97 million, a PE ratio of -0.64, a price-to-earnings-growth ratio of 0.18 and a beta of 1.51. The stock has a fifty day moving average price of GBX 3.07 and a 200-day moving average price of GBX 3.98. The company has a debt-to-equity ratio of 30.82, a current ratio of 1.56 and a quick ratio of 1.09.
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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