Gem Diamonds (LON:GEMD) Stock Price Down 2.3% – What’s Next?

by · The Markets Daily

Shares of Gem Diamonds Limited (LON:GEMD – Get Free Report) were down 2.3% during trading on Monday . The company traded as low as GBX 2.66 and last traded at GBX 2.90. Approximately 796,500 shares traded hands during trading, an increase of 4% from the average daily volume of 766,938 shares. The stock had previously closed at GBX 2.97.

Gem Diamonds Stock Performance

The company has a current ratio of 1.56, a quick ratio of 1.09 and a debt-to-equity ratio of 30.82. The stock’s 50 day moving average is GBX 3.14 and its 200 day moving average is GBX 4.38. The stock has a market capitalization of £4.06 million, a price-to-earnings ratio of -0.37, a PEG ratio of 0.18 and a beta of 1.51.

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.

Recommended Stories