Gemfields Group (LON:GEM) Sets New 12-Month Low – Here’s What Happened

Gemfields Group Limited (LON:GEMGet Free Report)’s share price reached a new 52-week low on Thursday . The stock traded as low as GBX 5.35 ($0.07) and last traded at GBX 5.60 ($0.07), with a volume of 121447 shares. The stock had previously closed at GBX 5.65 ($0.07).

Gemfields Group Stock Performance

The company has a quick ratio of 2.46, a current ratio of 2.11 and a debt-to-equity ratio of 13.85. The stock has a fifty day moving average price of GBX 7.32 and a two-hundred day moving average price of GBX 9.91. The company has a market capitalization of £65.52 million, a price-to-earnings ratio of -560.00 and a beta of 0.11.

About Gemfields Group

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Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world).

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