Petra Diamonds Limited (LON:PDL) Insider José Manuel Vargas Buys 343,139 Shares

Petra Diamonds Limited (LON:PDL) insider José Manuel Vargas acquired 343,139 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was purchased at an average price of GBX 26 ($0.33) per share, with a total value of £89,216.14 ($113,146.66).

Petra Diamonds Price Performance

LON:PDL traded up GBX 2.50 ($0.03) during trading hours on Thursday, reaching GBX 28 ($0.36). 569,403 shares of the company were exchanged, compared to its average volume of 353,034. The company has a current ratio of 1.32, a quick ratio of 3.52 and a debt-to-equity ratio of 124.59. Petra Diamonds Limited has a twelve month low of GBX 23.50 ($0.30) and a twelve month high of GBX 50.70 ($0.64). The firm has a market cap of £70.49 million, a PE ratio of -8.03, a price-to-earnings-growth ratio of 0.17 and a beta of 1.45. The stock’s 50-day moving average is GBX 28.53 and its 200-day moving average is GBX 30.32.

About Petra Diamonds

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).