Botswana Diamonds (LON:BOD) Trading Down 24.1% – Here’s Why

Botswana Diamonds plc (LON:BODGet Free Report)’s stock price traded down 24.1% during mid-day trading on Wednesday . The stock traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.17 ($0.00). 7,508,209 shares changed hands during mid-day trading, an increase of 415% from the average session volume of 1,457,405 shares. The stock had previously closed at GBX 0.22 ($0.00).

Botswana Diamonds Stock Performance

The firm has a market capitalization of £2.04 million, a price-to-earnings ratio of -11.00 and a beta of 0.80. The business’s 50-day moving average is GBX 0.24 and its two-hundred day moving average is GBX 0.29.

About Botswana Diamonds

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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.

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