Botswana Diamonds (LON:BOD) Shares Down 11.1% – Here’s Why

Botswana Diamonds plc (LON:BODGet Free Report) shares traded down 11.1% during mid-day trading on Friday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). 1,083,556 shares traded hands during trading, a decline of 26% from the average session volume of 1,466,592 shares. The stock had previously closed at GBX 0.23 ($0.00).

Botswana Diamonds Stock Performance

The business has a 50-day moving average price of GBX 0.25 and a 200 day moving average price of GBX 0.31. The stock has a market capitalization of £2.70 million, a P/E 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.

Further Reading

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