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Gemfields Group (LON:GEM) Sets New 1-Year Low - Here's Why

Gemfields Group logo with Basic Materials background

Gemfields Group Limited (LON:GEM - Get Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as GBX 7.50 ($0.10) and last traded at GBX 8 ($0.10), with a volume of 72461 shares. The stock had previously closed at GBX 7.90 ($0.10).

Gemfields Group Price Performance

The company's fifty day moving average is GBX 10.04 and its two-hundred day moving average is GBX 11.19. The company has a quick ratio of 2.46, a current ratio of 2.11 and a debt-to-equity ratio of 13.85. The firm has a market capitalization of £90.68 million, a price-to-earnings ratio of -800.00 and a beta of 0.11.

About Gemfields Group

(Get Free Report)

Gemfields Group Limited, together with its subsidiaries, operates as a mining company. The company operates in six segments: Kagem Mining Limited; Montepuez Ruby Mining Limitada; Development Assets; Fabergé; Corporate; and Other. It explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar.

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