Botswana Diamonds (LON:BOD) Shares Down 4.8% – Time to Sell?

by · The Markets Daily

Shares of Botswana Diamonds plc (LON:BOD – Get Free Report) dropped 4.8% on Friday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 6,568,911 shares were traded during mid-day trading, an increase of 107% from the average daily volume of 3,172,992 shares. The stock had previously closed at GBX 0.11 ($0.00).

Botswana Diamonds Stock Performance

The company has a market cap of £1.20 million, a price-to-earnings ratio of -1.99 and a beta of 0.80. The firm’s 50 day simple moving average is GBX 0.15 and its 200-day simple moving average is GBX 0.21.

Botswana Diamonds (LON:BOD – Get Free Report) last posted its quarterly earnings results on Wednesday, March 19th. The company reported GBX (0.02) ($0.00) earnings per share for the quarter. Botswana Diamonds had a negative return on equity of 10.66% and a negative net margin of 2,389.67%.

Botswana Diamonds Company Profile

(Get Free Report)

Botswana Diamonds plc explores for and develops diamond properties in Botswana, South Africa, and Zimbabwe. The company's flagship property is the Thorny River/Marsfontein property located in South Africa. It also explores primarily in the Kalahari region of Botswana. Botswana Diamonds plc was formerly known as Botswana Exploration plc and changed its name to Botswana Diamonds plc in October 2010.

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