Botswana Diamonds (LON:BOD) Stock Price Up 36.9% – Time to Buy?

Botswana Diamonds plc (LON:BODGet Free Report) shares were up 36.9% on Monday . The stock traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). Approximately 6,019,477 shares traded hands during mid-day trading, an increase of 307% from the average daily volume of 1,479,881 shares. The stock had previously closed at GBX 0.16 ($0.00).

Botswana Diamonds Price Performance

The company’s 50-day moving average price is GBX 0.23 and its two-hundred day moving average price is GBX 0.29. The company has a market capitalization of £2.63 million, a P/E 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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