Botswana Diamonds (LON:BOD) Trading 37.5% Higher – Time to Buy?

Botswana Diamonds plc (LON:BODGet Free Report) shot up 37.5% during mid-day trading on Monday . The company traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). 6,349,644 shares were traded during trading, an increase of 329% from the average session volume of 1,481,223 shares. The stock had previously closed at GBX 0.16 ($0.00).

Botswana Diamonds Stock Performance

The firm has a market capitalization of £2.64 million, a PE ratio of -11.00 and a beta of 0.80. The firm’s 50 day moving average price is GBX 0.23 and its 200-day moving average price is GBX 0.29.

About Botswana Diamonds

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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.

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