Botswana Diamonds (LON:BOD) Shares Down 13% – Should You Sell?

Botswana Diamonds plc (LON:BOD)’s share price traded down 13% during mid-day trading on Wednesday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 1,197,095 shares traded hands during trading, a decline of 62% from the average session volume of 3,159,067 shares. The stock had previously closed at GBX 0.12 ($0.00).

Botswana Diamonds Stock Performance

The firm’s fifty day simple moving average is GBX 0.15 and its 200-day simple moving average is GBX 0.21. The stock has a market cap of £1.20 million, a P/E ratio of -1.99 and a beta of 0.80.

Botswana Diamonds (LON:BOD) last released its quarterly earnings data on Wednesday, December 18th. The company reported GBX (0.05) ($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%.

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.