Gem Diamonds Limited (LON:GEMD – Get Free Report)’s stock price rose 20% during trading on Tuesday . The company traded as high as GBX 12.67 and last traded at GBX 12. Approximately 4,906,886 shares traded hands during mid-day trading, an increase of 634% from the average session volume of 668,316 shares. The stock had previously closed at GBX 10.
Gem Diamonds Stock Performance
The business’s fifty day moving average price is GBX 5.12 and its two-hundred day moving average price is GBX 4.38. The company has a debt-to-equity ratio of 20.53, a quick ratio of 1.09 and a current ratio of 2.38. The stock has a market capitalization of £18.13 million, a P/E ratio of -0.17, a P/E/G ratio of 0.18 and a beta of 1.29.
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.
See Also
- Five stocks we like better than Gem Diamonds
- This Gold ETF Turns a Non-Yielding Asset Into Monthly Income—But There’s a Catch
- Analysts See Double-Digit Upside for These 3 Stocks
- 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
- Jackson’s Record Quarter Powers the Bull Case
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.
