Botswana Diamonds (LON:BOD) Shares Down 13% – Should You Sell?

Botswana Diamonds plc (LON:BOD) shares dropped 13% during mid-day trading on Wednesday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 1,197,095 shares were traded during trading, a decline of 62% from the average daily volume of 3,159,067 shares. The stock had previously closed at GBX 0.12 ($0.00).

Botswana Diamonds Trading Down 13.0 %

The stock has a market capitalization of £1.20 million, a PE ratio of -1.99 and a beta of 0.80. The stock’s fifty day simple moving average is GBX 0.15 and its 200-day simple moving average is GBX 0.21.

Botswana Diamonds (LON:BOD) last issued its quarterly earnings results on Wednesday, December 18th. The company reported GBX (0.05) ($0.00) earnings per share for the quarter. Botswana Diamonds had a negative return on equity of 10.66% and a negative net margin of 2,389.67%.

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.