José Manuel Vargas Purchases 4,200,000 Shares of Petra Diamonds Limited (LON:PDL) Stock

Petra Diamonds Limited (LON:PDL) insider José Manuel Vargas bought 4,200,000 shares of the company’s stock in a transaction dated Friday, September 27th. The stock was acquired at an average price of GBX 27 ($0.36) per share, for a total transaction of £1,134,000 ($1,518,478.84).

Petra Diamonds Price Performance

Shares of PDL opened at GBX 29.20 ($0.39) on Friday. The company has a market capitalization of £56.71 million, a price-to-earnings ratio of -78.92, a P/E/G ratio of 0.17 and a beta of 1.45. Petra Diamonds Limited has a fifty-two week low of GBX 25 ($0.33) and a fifty-two week high of GBX 74 ($0.99). The company has a debt-to-equity ratio of 103.61, a current ratio of 1.85 and a quick ratio of 3.52. The business’s 50-day moving average is GBX 28.66 and its 200-day moving average is GBX 36.89.

Petra Diamonds Company Profile

Petra Diamonds Limited, an investment holding company, engages in the mining, processing, sorting, and sale of rough diamonds in South Africa and Tanzania. It also provides treasury, beneficiation, and other services. Petra Diamonds Limited was incorporated in 1997 and is based in London, the United Kingdom.