Botswana Diamonds (LON:BOD) Shares Up 37.5% – Should You Buy?

Botswana Diamonds plc (LON:BOD)’s share price was up 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 were traded 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 Price Performance

The stock has a market cap of £2.64 million, a price-to-earnings ratio of -11.00 and a beta of 0.80. The firm’s 50-day moving average is GBX 0.23 and its 200 day moving average is GBX 0.29.

Botswana Diamonds Company Profile

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.