Botswana Diamonds (LON:BOD) Stock Price Down 9.1% – What’s Next?

Botswana Diamonds plc (LON:BOD) shares dropped 9.1% during mid-day trading on Friday . The company traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.15 ($0.00). Approximately 2,736,199 shares changed hands during mid-day trading, an increase of 162% from the average daily volume of 1,043,901 shares. The stock had previously closed at GBX 0.17 ($0.00).

Botswana Diamonds Trading Down 9.1 %

The stock has a market capitalization of £1.80 million, a PE ratio of -11.00 and a beta of 0.80. The business has a fifty day moving average price of GBX 0.20 and a 200-day moving average price of GBX 0.27.

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.