Botswana Diamonds (LON:BOD) Trading Down 4.8% – Here’s Why

Shares of Botswana Diamonds plc (LON:BOD) fell 4.8% during mid-day trading on Saturday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 6,568,911 shares were traded during trading, an increase of 107% from the average session volume of 3,172,992 shares. The stock had previously closed at GBX 0.11 ($0.00).

Botswana Diamonds Stock Down 4.8 %

The business has a 50-day moving average price of GBX 0.15 and a 200-day moving average price of GBX 0.21. The firm has a market capitalization of £1.20 million, a price-to-earnings ratio of -1.99 and a beta of 0.80.

Botswana Diamonds (LON:BOD) last released its earnings results on Wednesday, March 19th. The company reported GBX (0.02) ($0.00) earnings per share (EPS) for the quarter. Botswana Diamonds had a negative net margin of 2,389.67% and a negative return on equity of 10.66%.

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.