Botswana Diamonds (LON:BOD) Stock Price Up 37.5% – Should You Buy?

Botswana Diamonds plc (LON:BOD) shares rose 37.5% during mid-day trading on Monday . The stock traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 6,349,644 shares changed hands during mid-day trading, an increase of 329% from the average daily volume of 1,481,223 shares. The stock had previously closed at GBX 0.16 ($0.00).

Botswana Diamonds Stock Performance

The firm has a market capitalization of £2.64 million, a P/E ratio of -11.00 and a beta of 0.80. The business’s fifty day moving average price is GBX 0.23 and its two-hundred day moving average price is GBX 0.29.

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.