Gem Diamonds Limited (LON:GEMD – Get Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 3.42 and traded as high as GBX 4.25. Gem Diamonds shares last traded at GBX 3.99, with a volume of 359,112 shares traded.
Gem Diamonds Stock Down 4.4%
The firm’s fifty day simple moving average is GBX 3.89 and its two-hundred day simple moving average is GBX 3.42. The company has a current ratio of 2.34, a quick ratio of 1.09 and a debt-to-equity ratio of 25.27. The company has a market capitalization of £4.82 million, a price-to-earnings ratio of -0.44, a price-to-earnings-growth ratio of 0.18 and a beta of 1.51.
About Gem Diamonds
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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