Gemfields Group Limited (LON:GEM – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 4 and last traded at GBX 4.30, with a volume of 45445 shares. The stock had previously closed at GBX 4.50.
Gemfields Group Stock Down 4.4%
The firm has a 50-day moving average of GBX 4.62 and a 200 day moving average of GBX 5.25. The stock has a market capitalization of £74.14 million, a price-to-earnings ratio of -1.65 and a beta of 0.11. The company has a current ratio of 1.77, a quick ratio of 2.46 and a debt-to-equity ratio of 31.57.
About Gemfields Group
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also holds controlling interests in various other gemstone mining and prospecting licences in Zambia, Mozambique, Ethiopia and Madagascar.
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