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

Shares of Botswana Diamonds plc (LON:BOD) were down 4.8% during trading on Saturday . The stock 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 mid-day 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 Price Performance

The company has a fifty day moving average of GBX 0.15 and a 200 day moving average of GBX 0.21. The firm has a market capitalization of £1.20 million, a P/E ratio of -1.99 and a beta of 0.80.

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