Gemfields Group (LON:GEM) Reaches New 52-Week Low – What’s Next?

Shares of Gemfields Group Limited (LON:GEMGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 7.50 ($0.09) and last traded at GBX 8 ($0.10), with a volume of 72461 shares trading hands. The stock had previously closed at GBX 7.90 ($0.10).

Gemfields Group Stock Up 5.3 %

The company has a debt-to-equity ratio of 13.85, a current ratio of 2.11 and a quick ratio of 2.46. The stock has a market capitalization of £95.47 million, a P/E ratio of -816.00 and a beta of 0.11. The stock’s fifty day moving average is GBX 9.88 and its two-hundred day moving average is GBX 11.13.

About Gemfields Group

(Get Free Report)

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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