Botswana Diamonds (LON:BOD) Stock Price Up 7.4% – Time to Buy?

Shares of Botswana Diamonds plc (LON:BOD) rose 7.4% on Thursday . The stock traded as high as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 1,069,287 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 2,850,654 shares. The stock had previously closed at GBX 0.10 ($0.00).

Botswana Diamonds Stock Up 7.4 %

The firm’s fifty day moving average price is GBX 0.13 and its 200-day moving average price is GBX 0.20. The stock has a market cap of £1.22 million, a P/E ratio of -2.03 and a beta of 0.80.

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

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.