Gem Diamonds Limited (LON:GEMD – Get Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3.44 and traded as high as GBX 4.31. Gem Diamonds shares last traded at GBX 4.31, with a volume of 50,373 shares trading hands.
Gem Diamonds Trading Up 11.7%
The company has a market cap of £6.03 million, a PE ratio of -0.06, a P/E/G ratio of 0.18 and a beta of 1.51. The stock’s 50 day moving average is GBX 3.96 and its 200-day moving average is GBX 3.44. The company has a quick ratio of 1.09, a current ratio of 2.34 and a debt-to-equity ratio of 25.27.
About Gem Diamonds
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.
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