Botswana Diamonds (LON:BOD) Shares Up 37.5% – Here’s Why

Botswana Diamonds plc (LON:BODGet Free Report) shares rose 37.5% during mid-day trading 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 changed hands during mid-day 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 Trading Up 37.5 %

The stock has a fifty day moving average of GBX 0.23 and a two-hundred day moving average of GBX 0.29. The company has a market capitalization of £2.64 million, a PE 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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