Gemfields Group Limited (LON:GEM – Get Free Report)’s share price was down 10.4% during trading on Wednesday . The stock traded as low as GBX 6 ($0.07) and last traded at GBX 6.40 ($0.08). Approximately 158,875 shares were traded during mid-day trading, an increase of 73% from the average daily volume of 91,653 shares. The stock had previously closed at GBX 7.14 ($0.09).
Gemfields Group Price Performance
The company’s fifty day simple moving average is GBX 8.02 and its 200-day simple moving average is GBX 10.30. The stock has a market cap of £76.05 million, a P/E ratio of -650.00 and a beta of 0.11. The company has a current ratio of 2.11, a quick ratio of 2.46 and a debt-to-equity ratio of 13.85.
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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