Gemfields Group (LON:GEM) Sets New 1-Year Low – Here’s What Happened

Shares of Gemfields Group Limited (LON:GEM) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 7.75 ($0.10) and last traded at GBX 7.89 ($0.10), with a volume of 251257 shares. The stock had previously closed at GBX 8.15 ($0.10).

Gemfields Group Price Performance

The company has a debt-to-equity ratio of 13.85, a quick ratio of 2.46 and a current ratio of 2.11. The stock has a market cap of £92.25 million, a price-to-earnings ratio of -815.00 and a beta of 0.11. The business’s fifty day simple moving average is GBX 10.43 and its 200 day simple moving average is GBX 11.36.

Gemfields Group Company Profile

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.