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Gemfields Group (LON:GEM) Hits New 1-Year Low - Time to Sell?

Gemfields Group logo with Basic Materials background

Gemfields Group Limited (LON:GEM - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.70 ($0.06), with a volume of 20268096 shares. The stock had previously closed at GBX 4.75 ($0.06).

Gemfields Group Price Performance

The company has a market cap of £66.94 million, a PE ratio of -5.57 and a beta of 0.11. The company has a debt-to-equity ratio of 16.51, a quick ratio of 2.46 and a current ratio of 2.11. The company's 50-day simple moving average is GBX 6.06 and its 200 day simple moving average is GBX 7.63.

About Gemfields Group

(Get Free Report)

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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