Gemfields Group (LON:GEM) Reaches New 1-Year Low – What’s Next?

Gemfields Group Limited (LON:GEMGet Free Report)’s stock price reached a new 52-week low on Thursday . The company traded as low as GBX 5.35 ($0.07) and last traded at GBX 5.60 ($0.07), with a volume of 121447 shares changing hands. The stock had previously closed at GBX 5.65 ($0.07).

Gemfields Group Trading Up 5.6 %

The firm has a market cap of £66.11 million, a P/E ratio of -565.00 and a beta of 0.11. The business’s 50 day moving average is GBX 7.17 and its 200-day moving average is GBX 9.84. The company has a quick ratio of 2.46, a current ratio of 2.11 and a debt-to-equity ratio of 13.85.

About Gemfields Group

(Get Free Report)

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).

Read More

Receive News & Ratings for Gemfields Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gemfields Group and related companies with MarketBeat.com's FREE daily email newsletter.