Botswana Diamonds (LON:BOD) Stock Price Down 8% – Here’s Why

by · The Cerbat Gem

Botswana Diamonds plc (LON:BOD – Get Free Report) shares dropped 8% during mid-day trading on Tuesday . The stock traded as low as GBX 0.23 and last traded at GBX 0.23. Approximately 3,018,301 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 2,668,978 shares. The stock had previously closed at GBX 0.25.

Botswana Diamonds Price Performance

The company’s 50-day moving average is GBX 0.27 and its 200-day moving average is GBX 0.26. The firm has a market capitalization of £2.76 million, a price-to-earnings ratio of -4.60 and a beta of 0.80.

About Botswana Diamonds

(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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