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Petra Diamonds (LON:PDL) Trading Up 14.3% - Here's What Happened

Petra Diamonds logo with Basic Materials background

Petra Diamonds Limited (LON:PDL - Get Free Report)'s stock price was up 14.3% on Friday . The stock traded as high as GBX 32 ($0.40) and last traded at GBX 32 ($0.40). Approximately 765,189 shares traded hands during trading, an increase of 244% from the average daily volume of 222,309 shares. The stock had previously closed at GBX 28 ($0.35).

Petra Diamonds Stock Performance

The stock has a market capitalization of £61.76 million, a PE ratio of -96.36, a P/E/G ratio of 0.17 and a beta of 1.45. The company has a debt-to-equity ratio of 140.09, a quick ratio of 3.52 and a current ratio of 1.32. The firm has a 50 day moving average of GBX 32.53 and a 200-day moving average of GBX 32.78.

Petra Diamonds Company Profile

(Get Free Report)

Petra Diamonds is a leading independent diamond mining group and a supplier of gem quality rough diamonds to the international market. The Company's portfolio incorporates interests in three underground mines in South Africa (Cullinan Mine, Finsch and Koffiefontein) and one open pit mine in Tanzania (Williamson).

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