Gemfields Group Limited (LON:GEM – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5.10 and traded as low as GBX 3.80. Gemfields Group shares last traded at GBX 3.80, with a volume of 197,552 shares trading hands.
Gemfields Group Stock Performance
The firm has a fifty day moving average of GBX 4.40 and a 200-day moving average of GBX 5.09. The stock has a market capitalization of £65.69 million, a price-to-earnings ratio of -1.47 and a beta of 0.11. The company has a quick ratio of 2.46, a current ratio of 1.77 and a debt-to-equity ratio of 31.57.
About Gemfields Group
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also holds controlling interests in various other gemstone mining and prospecting licences in Zambia, Mozambique, Ethiopia and Madagascar.
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