Shares of Gemfields Group Limited (LON:GEM – Get Free Report) were up 13% during trading on Thursday . The stock traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). Approximately 898,741 shares were traded during trading, an increase of 540% from the average daily volume of 140,392 shares. The stock had previously closed at GBX 5.75 ($0.07).
Gemfields Group Stock Performance
The company has a current ratio of 2.11, a quick ratio of 2.46 and a debt-to-equity ratio of 16.51. The company’s fifty day moving average is GBX 6.53 and its 200 day moving average is GBX 9.32. The company has a market cap of £94.20 million, a P/E ratio of -7.84 and a beta of 0.11.
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).
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