Botswana Diamonds (LON:BOD) Trading 37.5% Higher – Here’s Why
by Doug Wharley · The Cerbat GemShares of Botswana Diamonds plc (LON:BOD – Get Free Report) rose 37.5% on Monday . The company traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 6,349,644 shares traded hands during trading, an increase of 329% from the average daily volume of 1,481,223 shares. The stock had previously closed at GBX 0.16 ($0.00).
Botswana Diamonds Trading Up 37.5 %
The business has a fifty day simple moving average of GBX 0.23 and a two-hundred day simple moving average of GBX 0.29. The stock has a market cap of £2.64 million, a PE ratio of -11.00 and a beta of 0.80.
About Botswana Diamonds
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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