Botswana Diamonds (LON:BOD) Shares Up 36.9% – Here’s What Happened

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

Botswana Diamonds Price Performance

The business’s 50 day moving average price is GBX 0.23 and its 200 day moving average price is GBX 0.29. The firm has a market cap of £2.63 million, a PE ratio of -11.00 and a beta of 0.80.

Botswana Diamonds Company Profile

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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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