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Gemfields Group (LON:GEM) Stock Price Down 6.2% - What's Next?

Gemfields Group logo with Basic Materials background

Gemfields Group Limited (LON:GEM - Get Free Report)'s share price traded down 6.2% on Monday . The company traded as low as GBX 5.55 ($0.07) and last traded at GBX 5.63 ($0.08). 914,120 shares were traded during mid-day trading, an increase of 24% from the average session volume of 739,410 shares. The stock had previously closed at GBX 6 ($0.08).

Gemfields Group Price Performance

The stock has a market capitalization of £84.05 million, a P/E ratio of -7.00 and a beta of 0.11. The business's 50 day simple moving average is GBX 5.01 and its two-hundred day simple moving average is GBX 5.61. The company has a quick ratio of 2.46, a current ratio of 2.11 and a debt-to-equity ratio of 16.51.

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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