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

Botswana Diamonds plc (LON:BOD)’s share price was down 4.8% during trading on Friday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). Approximately 6,568,911 shares were traded during trading, an increase of 107% from the average daily volume of 3,172,992 shares. The stock had previously closed at GBX 0.11 ($0.00).

Botswana Diamonds Stock Performance

The company has a fifty day moving average price of GBX 0.15 and a two-hundred day moving average price of GBX 0.21. The company has a market cap of £1.20 million, a P/E ratio of -1.99 and a beta of 0.80.

Botswana Diamonds (LON:BOD) last posted its quarterly earnings results on Wednesday, March 19th. The company reported GBX (0.02) ($0.00) earnings per share 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.