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Gemfields Group (LON:GEM) Hits New 12-Month Low - Should You Sell?

Gemfields Group logo with Basic Materials background

Gemfields Group Limited (LON:GEM - Get Free Report)'s share price reached a new 52-week low on Friday . The company traded as low as GBX 10.50 ($0.14) and last traded at GBX 10.75 ($0.14), with a volume of 311000 shares trading hands. The stock had previously closed at GBX 10.88 ($0.14).

Gemfields Group Price Performance

The company has a 50 day moving average price of GBX 11.62 and a 200 day moving average price of GBX 11.87. The firm has a market cap of £127.24 million, a PE ratio of -1,087.50 and a beta of 0.11. The company has a current ratio of 2.11, a quick ratio of 2.46 and a debt-to-equity ratio of 13.85.

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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