Botswana Diamonds (LON:BOD) Stock Price Up 14.3% – Here’s What Happened

Botswana Diamonds plc (LON:BOD)’s stock price was up 14.3% during mid-day trading on Friday . The stock traded as high as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 4,566,189 shares traded hands during trading, an increase of 41% from the average daily volume of 3,228,658 shares. The stock had previously closed at GBX 0.11 ($0.00).

Botswana Diamonds Stock Performance

The company has a market capitalization of £1.44 million, a price-to-earnings ratio of -2.39 and a beta of 0.80. The business’s 50-day simple moving average is GBX 0.16 and its 200-day simple moving average is GBX 0.22.

Botswana Diamonds (LON:BOD) last issued its earnings results on Wednesday, December 18th. The company reported GBX (0.05) ($0.00) EPS for the quarter. Botswana Diamonds had a negative net margin of 2,389.67% and a negative return on equity of 10.66%.

Botswana Diamonds Company Profile

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.