Botswana Diamonds (LON:BOD) Trading Down 6.9% – Here’s Why

Botswana Diamonds plc (LON:BOD)’s share price traded down 6.9% on Friday . The stock traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.10 ($0.00). 1,320,719 shares traded hands during trading, a decline of 56% from the average session volume of 2,973,224 shares. The stock had previously closed at GBX 0.10 ($0.00).

Botswana Diamonds Trading Down 6.9 %

The firm has a market capitalization of £1.14 million, a P/E ratio of -1.89 and a beta of 0.80. The stock’s 50-day simple moving average is GBX 0.14 and its 200-day simple moving average is GBX 0.20.

Botswana Diamonds (LON:BOD) last issued 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 return on equity of 10.66% and a negative net margin of 2,389.67%.

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.