Botswana Diamonds (LON:BOD) Shares Down 9.1% – Here’s Why

Botswana Diamonds plc (LON:BOD) shares were down 9.1% on Saturday . The company traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.15 ($0.00). Approximately 2,736,199 shares were traded during trading, an increase of 162% from the average daily volume of 1,043,901 shares. The stock had previously closed at GBX 0.17 ($0.00).

Botswana Diamonds Trading Down 9.1 %

The business’s fifty day simple moving average is GBX 0.20 and its 200 day simple moving average is GBX 0.27. The stock has a market cap of £1.80 million, a price-to-earnings ratio of -11.00 and a beta of 0.80.

About Botswana Diamonds

Botswana Diamonds plc explores for and develops diamond properties in Botswana, South Africa, and Zimbabwe. The company's flagship property is the Thorny River/Marsfontein property located in South Africa. It also explores primarily in the Kalahari region of Botswana. Botswana Diamonds plc was formerly known as Botswana Exploration plc and changed its name to Botswana Diamonds plc in October 2010.