Botswana Diamonds (LON:BOD) Shares Down 4.2% – Time to Sell?

Botswana Diamonds plc (LON:BOD)’s share price dropped 4.2% during trading on Wednesday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 2,717,960 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 3,245,082 shares. The stock had previously closed at GBX 0.12 ($0.00).

Botswana Diamonds Stock Performance

The firm has a market cap of £1.32 million, a price-to-earnings ratio of -2.19 and a beta of 0.80. The business’s 50 day moving average price is GBX 0.17 and its 200 day moving average price is GBX 0.22.

Botswana Diamonds (LON:BOD) last released its quarterly earnings results on Wednesday, December 18th. The company reported GBX (0.05) ($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%.

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.