Gemfields Group Limited (LON:GEM – Get Free Report)’s share price rose 13% during trading on Thursday . The stock traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). Approximately 898,741 shares were traded during mid-day trading, an increase of 540% from the average daily volume of 140,392 shares. The stock had previously closed at GBX 5.75 ($0.07).
Gemfields Group Trading Up 2.2 %
The firm has a market capitalization of £93.37 million, a P/E ratio of -7.77 and a beta of 0.11. The company has a debt-to-equity ratio of 16.51, a current ratio of 2.11 and a quick ratio of 2.46. The firm has a fifty day simple moving average of GBX 6.47 and a two-hundred day simple moving average of GBX 9.27.
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).
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