Gemfields Group (LON:GEM) Reaches New 12-Month Low – Time to Sell?

Gemfields Group Limited (LON:GEMGet Free Report) shares reached a new 52-week low on Thursday . The company traded as low as GBX 9.50 ($0.12) and last traded at GBX 9.65 ($0.12), with a volume of 442979 shares. The stock had previously closed at GBX 10.25 ($0.13).

Gemfields Group Price Performance

The stock has a market cap of £109.40 million, a price-to-earnings ratio of -935.00 and a beta of 0.11. 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 simple moving average is GBX 11.36 and its two-hundred day simple moving average is GBX 11.76.

About Gemfields Group

(Get Free Report)

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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