Gemfields Group (LON:GEM) Stock Price Crosses Below 200 Day Moving Average of $12.70

Shares of Gemfields Group Limited (LON:GEMGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 12.70 ($0.16) and traded as low as GBX 11.83 ($0.15). Gemfields Group shares last traded at GBX 12.29 ($0.15), with a volume of 123,270 shares.

Gemfields Group Trading Up 1.3 %

The company has a debt-to-equity ratio of 7.95, a quick ratio of 2.46 and a current ratio of 2.65. The company’s 50 day moving average is GBX 12.28 and its 200 day moving average is GBX 12.70. The stock has a market capitalization of £145.67 million, a price-to-earnings ratio of -1,229.00 and a beta of 0.19.

Gemfields Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 24th. Stockholders of record on Thursday, June 6th will be given a dividend of $0.01 per share. This represents a dividend yield of 5.43%. The ex-dividend date of this dividend is Thursday, June 6th. Gemfields Group’s dividend payout ratio is currently -10,000.00%.

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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