Gemfields Group (LON:GEM) Hits New 52-Week Low at $11.50

Gemfields Group Limited (LON:GEM - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 11.50 ($0.15) and last traded at GBX 11.50 ($0.15), with a volume of 61006 shares. The stock had previously closed at GBX 11.75 ($0.15).

Gemfields Group Price Performance

The company has a debt-to-equity ratio of 7.95, a current ratio of 2.65 and a quick ratio of 2.46. The company has a market capitalization of £137.48 million, a P/E ratio of -1,175.00 and a beta of 0.19. The company has a 50 day moving average of GBX 12.52 and a 200-day moving average of GBX 12.85.

Gemfields Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 24th. Investors of record on Thursday, June 6th will be paid a $0.01 dividend. The ex-dividend date is Thursday, June 6th. This represents a dividend yield of 5.43%. Gemfields Group's payout ratio is presently -10,000.00%.

About Gemfields Group

Gemfields Group Limited, together with its subsidiaries, operates as a mining company. The company operates in six segments: Kagem Mining Limited; Montepuez Ruby Mining Limitada; Development Assets; Fabergé; Corporate; and Other. It explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar.