Gemfields Group Limited (LON:GEM – Get Free Report)’s share price shot up 13% on Thursday . The stock traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). 898,741 shares traded hands during trading, an increase of 540% from the average session volume of 140,392 shares. The stock had previously closed at GBX 5.75 ($0.07).
Gemfields Group Stock Performance
The company’s 50-day moving average price is GBX 6.53 and its two-hundred day moving average price is GBX 9.32. The company has a debt-to-equity ratio of 16.51, a quick ratio of 2.46 and a current ratio of 2.11. The stock has a market cap of £94.20 million, a PE ratio of -7.84 and a beta of 0.11.
Gemfields Group Company Profile
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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