Gemfields Group Limited (LON:GEM – Get Free Report)’s share price reached a new 52-week low on Thursday . The company traded as low as GBX 5.35 ($0.07) and last traded at GBX 5.60 ($0.07), with a volume of 121447 shares changing hands. The stock had previously closed at GBX 5.65 ($0.07).
Gemfields Group Price Performance
The company’s 50-day simple moving average is GBX 7.17 and its 200 day simple moving average is GBX 9.84. The company has a quick ratio of 2.46, a current ratio of 2.11 and a debt-to-equity ratio of 13.85. The stock has a market capitalization of £66.11 million, a price-to-earnings ratio of -565.00 and a beta of 0.11.
About Gemfields Group
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world).
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