Botswana Diamonds (LON:BOD) Shares Down 24.1% – Here’s What Happened

Botswana Diamonds plc (LON:BOD) traded down 24.1% during trading on Wednesday . The stock traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.17 ($0.00). 7,508,209 shares traded hands during mid-day trading, an increase of 415% from the average session volume of 1,457,405 shares. The stock had previously closed at GBX 0.22 ($0.00).

Botswana Diamonds Stock Performance

The company’s 50-day moving average price is GBX 0.23 and its 200 day moving average price is GBX 0.29. The stock has a market capitalization of £1.92 million, a PE ratio of -11.00 and a beta of 0.80.

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.