Botswana Diamonds (LON:BOD) Trading Down 10.8% – Should You Sell?

Shares of Botswana Diamonds plc (LON:BOD) were down 10.8% during mid-day trading on Tuesday . The stock traded as low as GBX 0.26 and last traded at GBX 0.26. Approximately 669,851 shares changed hands during trading, a decline of 74% from the average daily volume of 2,597,000 shares. The stock had previously closed at GBX 0.30.

Botswana Diamonds Stock Down 10.8%

The company’s 50 day moving average price is GBX 0.25 and its two-hundred day moving average price is GBX 0.27. The firm has a market cap of £3.15 million, a PE ratio of -5.26 and a beta of 0.80.

Botswana Diamonds (LON:BOD) last announced its quarterly earnings data on Friday, December 12th. The company reported GBX (0.09) earnings per share (EPS) 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. The company was incorporated in 2010 and is headquartered in Dublin, Ireland.