Gemfields Group (LON:GEM) Shares Down 14.1% – What’s Next?

Gemfields Group Limited (LON:GEMGet Free Report) shares traded down 14.1% on Monday . The stock traded as low as GBX 6.05 ($0.08) and last traded at GBX 6.05 ($0.08). 1,443,844 shares were traded during trading, an increase of 193% from the average session volume of 492,001 shares. The stock had previously closed at GBX 7.05 ($0.09).

Gemfields Group Trading Down 4.3 %

The company has a debt-to-equity ratio of 13.85, a current ratio of 2.11 and a quick ratio of 2.46. The stock’s 50-day moving average is GBX 9.49 and its two-hundred day moving average is GBX 10.95. The company has a market cap of £75.47 million, a P/E ratio of -645.00 and a beta of 0.11.

About Gemfields Group

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Gemfields Group Limited, together with its subsidiaries, operates as a mining company. The company operates in six segments: Kagem Mining Limited; Montepuez Ruby Mining Limitada; Development Assets; Fabergé; Corporate; and Other. It explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar.

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