Botswana Diamonds (LON:BOD) Trading Up 37.5% – Here’s What Happened

Shares of Botswana Diamonds plc (LON:BODGet 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 were traded 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 Price Performance

The firm has a 50 day moving average price of GBX 0.23 and a 200-day moving average price of GBX 0.29. The firm has a market cap of £2.64 million, a price-to-earnings ratio of -11.00 and a beta of 0.80.

About Botswana Diamonds

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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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