Botswana Diamonds (LON:BOD) Trading Up 37.5% – Here’s What Happened

Shares of Botswana Diamonds plc (LON:BODGet Free Report) shot up 37.5% during mid-day trading on Monday . The company traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). 6,349,644 shares traded hands during trading, an increase of 329% from the average session volume of 1,481,223 shares. The stock had previously closed at GBX 0.16 ($0.00).

Botswana Diamonds Price Performance

The stock’s 50 day moving average is GBX 0.23 and its two-hundred day moving average is GBX 0.29. The firm has a market capitalization of £2.64 million, a P/E ratio of -11.00 and a beta of 0.80.

Botswana Diamonds Company Profile

(Get Free Report)

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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