Botswana Diamonds (LON:BOD) Trading 10.8% Higher – Still a Buy?

Botswana Diamonds plc (LON:BODGet Free Report)’s share price shot up 10.8% on Friday . The stock traded as high as GBX 0.27 and last traded at GBX 0.27. 777,928 shares traded hands during trading, a decline of 71% from the average session volume of 2,661,927 shares. The stock had previously closed at GBX 0.24.

Botswana Diamonds Stock Performance

The firm has a 50 day simple moving average of GBX 0.27 and a two-hundred day simple moving average of GBX 0.25. The stock has a market cap of £2.85 million, a P/E ratio of -4.76 and a beta of 0.80.

About Botswana Diamonds

(Get Free Report)

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.

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