Gemfields Group Limited (LON:GEM - Get Free Report) shot up 10.5% during mid-day trading on Monday . The company traded as high as GBX 6.25 ($0.09) and last traded at GBX 5.87 ($0.08). 723,071 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 753,071 shares. The stock had previously closed at GBX 5.31 ($0.07).
Gemfields Group Stock Performance
The business's fifty day simple moving average is GBX 4.52 and its 200-day simple moving average is GBX 5.67. 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 has a market capitalization of £105.97 million, a P/E ratio of -8.82 and a beta of 0.11.
Gemfields Group Company Profile
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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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