Insider Buying: Petra Diamonds Limited (LON:PDL) Insider Buys 343,139 Shares of Stock

Petra Diamonds Limited (LON:PDL) insider José Manuel Vargas acquired 343,139 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average price of GBX 26 ($0.33) per share, with a total value of £89,216.14 ($112,207.45).

Petra Diamonds Price Performance

Shares of PDL stock opened at GBX 27 ($0.34) on Friday. The stock has a 50-day moving average price of GBX 28.48 and a 200 day moving average price of GBX 30.28. The company has a quick ratio of 3.52, a current ratio of 1.32 and a debt-to-equity ratio of 124.59. The firm has a market cap of £67.97 million, a price-to-earnings ratio of -7.74, a PEG ratio of 0.17 and a beta of 1.45. Petra Diamonds Limited has a 12 month low of GBX 23.50 ($0.30) and a 12 month high of GBX 50.70 ($0.64).

About Petra Diamonds

Petra Diamonds is a leading independent diamond mining group and a supplier of gem quality rough diamonds to the international market. The Company’s portfolio incorporates interests in three underground mines in South Africa (Cullinan Mine, Finsch and Koffiefontein) and one open pit mine in Tanzania (Williamson).