Botswana Diamonds (LON:BOD) Trading Down 4.8% – What’s Next?

Shares of Botswana Diamonds plc (LON:BOD) dropped 4.8% during mid-day trading on Friday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 6,568,911 shares traded hands during trading, an increase of 107% from the average daily volume of 3,172,992 shares. The stock had previously closed at GBX 0.11 ($0.00).

Botswana Diamonds Stock Down 4.8 %

The firm has a fifty day simple moving average of GBX 0.15 and a 200-day simple moving average of GBX 0.21. The company has a market cap of £1.20 million, a PE ratio of -1.99 and a beta of 0.80.

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

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.