Botswana Diamonds (LON:BOD) Stock Price Down 4.8% – Should You Sell?

Botswana Diamonds plc (LON:BOD)’s share price dropped 4.8% during trading on Friday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 6,568,911 shares traded hands during mid-day trading, an increase of 107% from the average daily volume of 3,172,992 shares. The stock had previously closed at GBX 0.11 ($0.00).

Botswana Diamonds Price Performance

The firm has a market cap of £1.20 million, a price-to-earnings ratio of -1.99 and a beta of 0.80. The stock has a 50-day moving average of GBX 0.15 and a 200-day moving average of GBX 0.21.

Botswana Diamonds (LON:BOD) last issued its quarterly earnings results on Wednesday, March 19th. The company reported GBX (0.02) ($0.00) earnings per share (EPS) for the quarter. Botswana Diamonds had a negative return on equity of 10.66% and a negative net margin of 2,389.67%.

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.