Shares of Gemfields Group Limited (LON:GEM – Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 11.30 ($0.14) and last traded at GBX 11.50 ($0.14), with a volume of 226106 shares trading hands. The stock had previously closed at GBX 11.75 ($0.15).
Gemfields Group Trading Down 2.1 %
The stock has a market cap of £134.55 million, a price-to-earnings ratio of -1,155.00 and a beta of 0.19. The business’s 50 day simple moving average is GBX 12.48 and its 200 day simple moving average is GBX 12.81. The company has a quick ratio of 2.46, a current ratio of 2.65 and a debt-to-equity ratio of 7.95.
Gemfields Group Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, June 24th. Stockholders of record on Thursday, June 6th will be given a $0.01 dividend. This represents a dividend yield of 5.43%. The ex-dividend date is Thursday, June 6th. Gemfields Group’s payout ratio is presently -10,000.00%.
About Gemfields Group
Gemfields Group Limited, together with its subsidiaries, operates as a mining company. The company operates in six segments: Kagem Mining Limited; Montepuez Ruby Mining Limitada; Development Assets; Fabergé; Corporate; and Other. It explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar.
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