Botswana Diamonds (LON:BOD) Stock Price Down 6.9% – What’s Next?

Botswana Diamonds plc (LON:BOD) shares traded down 6.9% during mid-day trading on Friday . The stock traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 1,320,719 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 2,973,224 shares. The stock had previously closed at GBX 0.10 ($0.00).

Botswana Diamonds Trading Down 6.9 %

The firm has a 50-day moving average of GBX 0.14 and a two-hundred day moving average of GBX 0.20. The firm has a market capitalization of £1.14 million, a P/E ratio of -1.89 and a beta of 0.80.

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

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.