Petra Diamonds (LON:PDL) Stock Price Down 15.5% – What’s Next?

Petra Diamonds Limited (LON:PDLGet Free Report)’s stock price was down 15.5% during mid-day trading on Monday . The company traded as low as GBX 23.60 ($0.30) and last traded at GBX 24.50 ($0.31). Approximately 687,157 shares changed hands during trading, an increase of 141% from the average daily volume of 284,606 shares. The stock had previously closed at GBX 29 ($0.37).

Petra Diamonds Stock Performance

The stock has a market capitalization of £62.23 million, a P/E ratio of -7.09, a P/E/G ratio of 0.17 and a beta of 1.45. The company has a quick ratio of 3.52, a current ratio of 1.32 and a debt-to-equity ratio of 124.59. The business has a fifty day moving average price of GBX 28.97 and a 200-day moving average price of GBX 30.54.

Petra Diamonds Company Profile

(Get Free Report)

Petra Diamonds is a leading independent diamond mining group and a supplier of gem quality rough diamonds to the international market. The Company’s portfolio incorporates interests in three underground mines in South Africa (Cullinan Mine, Finsch and Koffiefontein) and one open pit mine in Tanzania (Williamson).

Further Reading

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