Gemfields Group Limited (LON:GEM - Get Free Report) rose 13% during mid-day trading on Thursday . The stock traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.50 ($0.08). Approximately 898,741 shares changed hands during mid-day trading, an increase of 540% from the average daily volume of 140,392 shares. The stock had previously closed at GBX 5.75 ($0.07).
Gemfields Group Trading Up 2.2 %
The company has a quick ratio of 2.46, a current ratio of 2.11 and a debt-to-equity ratio of 16.51. The firm has a market cap of £93.37 million, a P/E ratio of -7.77 and a beta of 0.11. The company's 50 day simple moving average is GBX 6.47 and its 200-day simple moving average is GBX 9.27.
Gemfields Group Company Profile
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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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