Botswana Diamonds (LON:BOD) Stock Price Down 2.6% – Here’s Why

Botswana Diamonds plc (LON:BOD)’s stock price fell 2.6% during trading on Tuesday . The stock traded as low as GBX 0.22 and last traded at GBX 0.22. 1,900,001 shares changed hands during trading, a decline of 40% from the average session volume of 3,173,829 shares. The stock had previously closed at GBX 0.23.

Botswana Diamonds Stock Performance

The company’s 50 day simple moving average is GBX 0.25 and its 200-day simple moving average is GBX 0.28. The firm has a market capitalization of £2.70 million, a PE ratio of -2.50 and a beta of 0.80.

Botswana Diamonds (LON:BOD) last released its quarterly earnings results on Friday, December 12th. The company reported GBX (0.09) EPS for the quarter. Botswana Diamonds had a negative net margin of 2,389.67% and a negative return on equity of 10.66%.

About Botswana Diamonds

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. The company was incorporated in 2010 and is headquartered in Dublin, Ireland.