Botswana Diamonds (LON:BOD) Shares Down 4.8% – Should You Sell?

Botswana Diamonds plc (LON:BOD)’s stock price dropped 4.8% on Saturday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 6,568,911 shares changed hands during mid-day 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 business has a 50-day simple moving average of GBX 0.15 and a two-hundred day simple moving average of GBX 0.21. The stock has a market capitalization of £1.20 million, a P/E ratio of -1.99 and a beta of 0.80.

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

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.