Botswana Diamonds (LON:BOD) Trading 37.5% Higher – Here’s What Happened

Botswana Diamonds plc (LON:BOD) rose 37.5% during mid-day trading on Monday . The stock traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 6,349,644 shares changed hands during trading, an increase of 329% from the average daily volume of 1,481,223 shares. The stock had previously closed at GBX 0.16 ($0.00).

Botswana Diamonds Trading Up 37.5 %

The company has a market capitalization of £2.64 million, a price-to-earnings ratio of -11.00 and a beta of 0.80. The business’s 50 day moving average price is GBX 0.23 and its two-hundred day moving average price is GBX 0.29.

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.