Shares of Gemfields Group Limited (LON:GEM - Get Free Report) dropped 6.2% on Monday . The stock traded as low as GBX 5.55 ($0.07) and last traded at GBX 5.63 ($0.08). Approximately 914,120 shares traded hands during trading, an increase of 24% from the average daily volume of 739,410 shares. The stock had previously closed at GBX 6 ($0.08).
Gemfields Group Trading Down 6.2%
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 firm has a 50-day moving average of GBX 4.89 and a 200-day moving average of GBX 5.63. The firm has a market capitalization of £82.29 million, a P/E ratio of -6.85 and a beta of 0.11.
About Gemfields Group
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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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