Botswana Diamonds (LON:BOD) Stock Price Down 24.1% – Time to Sell?

Botswana Diamonds plc (LON:BOD) shares dropped 24.1% on Thursday . The company traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 7,508,209 shares were traded during trading, an increase of 415% from the average daily volume of 1,457,405 shares. The stock had previously closed at GBX 0.22 ($0.00).

Botswana Diamonds Stock Performance

The stock has a market capitalization of £1.86 million, a P/E ratio of -11.00 and a beta of 0.80. The firm has a fifty day moving average price of GBX 0.24 and a two-hundred day moving average price of GBX 0.29.

Botswana Diamonds Company Profile

Botswana Diamonds plc explores for and develops diamond properties in Botswana, South Africa, and Zimbabwe. The company's flagship property is the Thorny River/Marsfontein property located in South Africa. It also explores primarily in the Kalahari region of Botswana. Botswana Diamonds plc was formerly known as Botswana Exploration plc and changed its name to Botswana Diamonds plc in October 2010.