Gemfields Group (LON:GEM) Hits New 1-Year Low – Here’s What Happened

Gemfields Group Limited (LON:GEMGet Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as GBX 9.50 ($0.12) and last traded at GBX 9.65 ($0.12), with a volume of 442979 shares trading hands. The stock had previously closed at GBX 10.25 ($0.13).

Gemfields Group Stock Performance

The firm’s 50 day moving average price is GBX 11.36 and its 200-day moving average price is GBX 11.76. The firm has a market cap of £109.40 million, a price-to-earnings ratio of -935.00 and a beta of 0.11. The company has a debt-to-equity ratio of 13.85, a current ratio of 2.11 and a quick ratio of 2.46.

Gemfields Group Company Profile

(Get Free Report)

Gemfields Group Limited, together with its subsidiaries, operates as a mining company. The company operates in six segments: Kagem Mining Limited; Montepuez Ruby Mining Limitada; Development Assets; Fabergé; Corporate; and Other. It explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar.

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