Gemfields Group (LON:GEM) Reaches New 12-Month Low – What’s Next?

Gemfields Group Limited (LON:GEM) hit a new 52-week low on Thursday . The company traded as low as GBX 9.50 ($0.12) and last traded at GBX 9.65 ($0.12), with a volume of 442979 shares changing hands. The stock had previously closed at GBX 10.25 ($0.13).

Gemfields Group Trading Down 5.9 %

The stock’s fifty day moving average price is GBX 11.44 and its two-hundred day moving average price is GBX 11.79. The company has a market capitalization of £112.91 million, a PE ratio of -1,025.00 and a beta of 0.11. The company has a quick ratio of 2.46, a current ratio of 2.11 and a debt-to-equity ratio of 13.85.

Gemfields Group Company Profile

Gemfields Group Limited, together with its subsidiaries, operates as a mining company. The company operates in six segments: Kagem Mining Limited; Montepuez Ruby Mining Limitada; Development Assets; Fabergé; Corporate; and Other. It explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar.