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Gemfields Group (LON:GEM) Reaches New 1-Year Low - Should You 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 on Friday . The company traded as low as GBX 0.01 ($0.00) and last traded at GBX 4.39 ($0.06), with a volume of 17054 shares changing hands. The stock had previously closed at GBX 4.25 ($0.06).

Gemfields Group Price Performance

The company has a quick ratio of 2.46, a current ratio of 2.11 and a debt-to-equity ratio of 16.51. The business's 50 day simple moving average is GBX 4.81 and its two-hundred day simple moving average is GBX 6.20. The stock has a market capitalization of £64.31 million, a P/E ratio of -5.35 and a beta of 0.11.

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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