Botswana Diamonds (LON:BOD) Trading Down 4.8% – Here’s Why

Botswana Diamonds plc (LON:BOD) shares fell 4.8% on Saturday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 6,568,911 shares were traded during trading, an increase of 107% from the average session volume of 3,172,992 shares. The stock had previously closed at GBX 0.11 ($0.00).

Botswana Diamonds Trading Down 4.8 %

The stock’s 50 day moving average price is GBX 0.15 and its two-hundred day moving average price is GBX 0.21. The firm has a market capitalization of £1.20 million, a PE ratio of -1.99 and a beta of 0.80.

Botswana Diamonds (LON:BOD) last released its earnings results on Wednesday, March 19th. The company reported GBX (0.02) ($0.00) EPS for the quarter. Botswana Diamonds had a negative return on equity of 10.66% and a negative net margin of 2,389.67%.

About Botswana Diamonds

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.