Petra Diamonds (LON:PDL) Trading 14.3% Higher – Here’s What Happened

Petra Diamonds Limited (LON:PDLGet Free Report)’s share price shot up 14.3% during trading on Friday . The stock traded as high as GBX 32 ($0.40) and last traded at GBX 32 ($0.40). 765,189 shares traded hands during trading, an increase of 244% from the average session volume of 222,309 shares. The stock had previously closed at GBX 28 ($0.35).

Petra Diamonds Trading Up 13.6 %

The company has a current ratio of 1.32, a quick ratio of 3.52 and a debt-to-equity ratio of 140.09. The firm has a market cap of £61.76 million, a P/E ratio of -96.36, a price-to-earnings-growth ratio of 0.17 and a beta of 1.45. The company’s fifty day moving average price is GBX 32.53 and its two-hundred day moving average price is GBX 32.78.

Petra Diamonds Company Profile

(Get Free Report)

Petra Diamonds Limited engages in the mining, processing, sorting, and sale of rough diamonds in South Africa and Tanzania. It operates through Mining and Beneficiation segments. The company’s flagship asset is the Cullinan Mine in South Africa. It also provides exploration, treasury, beneficiation, community development, and other services.

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