Gem Diamonds (LON:GEMD) Stock Price Down 8.2% – Should You Sell?

Gem Diamonds Limited (LON:GEMDGet Free Report)’s stock price fell 8.2% during mid-day trading on Monday . The stock traded as low as GBX 3.60 and last traded at GBX 3.60. 185,664 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 525,183 shares. The stock had previously closed at GBX 3.92.

Gem Diamonds Price Performance

The stock has a market cap of £5.04 million, a PE ratio of -0.05, a PEG ratio of 0.18 and a beta of 1.20. The company has a debt-to-equity ratio of 25.27, a current ratio of 2.34 and a quick ratio of 1.09. The company has a 50-day simple moving average of GBX 3.99 and a 200-day simple moving average of GBX 3.69.

Gem Diamonds Company Profile

(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

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.