Botswana Diamonds (LON:BOD) Shares Down 8% – What’s Next?

by · The Cerbat Gem

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

Botswana Diamonds Price Performance

The company’s 50 day simple moving average is GBX 0.27 and its two-hundred day simple moving average is GBX 0.26. The company has a market cap of £2.76 million, a PE 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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