Botswana Diamonds (LON:BOD) Trading Down 9.1% – Time to Sell?

Botswana Diamonds plc (LON:BODGet Free Report) dropped 9.1% during mid-day trading on Saturday . 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 were traded during 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’s fifty day moving average price is GBX 0.20 and its 200-day moving average price is GBX 0.27. The firm has a market cap of £1.80 million, a price-to-earnings ratio of -11.00 and a beta of 0.80.

About Botswana Diamonds

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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.

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