Gemfields Group (LON:GEM) Hits New 52-Week Low at $11.30

Gemfields Group Limited (LON:GEM - Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 11.30 ($0.14) and last traded at GBX 11.50 ($0.14), with a volume of 226106 shares changing hands. 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 stock's fifty day moving average is GBX 12.46 and its 200-day moving average is GBX 12.80. The stock has a market cap of £134.55 million, a PE ratio of -1,150.00 and a beta of 0.19.

Gemfields Group Cuts Dividend

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

Gemfields Group Company Profile

(Get Free Report)

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.

See Also

→ The Gold Grab of the Century (From Colonial Metals) (Ad)

Should you invest $1,000 in Gemfields Group right now?

Before you consider Gemfields Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gemfields Group wasn't on the list.

While Gemfields Group currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Featured Articles and Offers

Search Headlines: