Gemfields Group Limited (LON:GEM – Get Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 changing hands.
Gemfields Group Stock Down 7.3%
The company has a current ratio of 1.77, a quick ratio of 2.46 and a debt-to-equity ratio of 31.57. The firm has a market capitalization of £65.52 million, a price-to-earnings ratio of -1.46 and a beta of 0.11. The business’s fifty day moving average price is GBX 4.43 and its 200 day moving average price is GBX 5.10.
Gemfields Group Company Profile
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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