Botswana Diamonds (LON:BOD) Stock Price Down 24.1% – Time to Sell?

Botswana Diamonds plc (LON:BOD)’s stock price dropped 24.1% during trading on Wednesday . The company traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.17 ($0.00). Approximately 7,508,209 shares changed hands during mid-day trading, an increase of 415% from the average daily volume of 1,457,405 shares. The stock had previously closed at GBX 0.22 ($0.00).

Botswana Diamonds Price Performance

The stock has a 50-day simple moving average of GBX 0.23 and a 200 day simple moving average of GBX 0.29. The company has a market cap of £1.92 million, a PE ratio of -11.00 and a beta of 0.80.

Botswana Diamonds Company Profile

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.