Botswana Diamonds (LON:BOD) Stock Price Up 25% – What’s Next?

Botswana Diamonds plc (LON:BODGet Free Report)’s share price shot up 25% during mid-day trading on Monday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). 2,348,482 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 1,464,958 shares. The stock had previously closed at GBX 0.16 ($0.00).

Botswana Diamonds Stock Performance

The stock’s 50-day moving average price is GBX 0.23 and its 200-day moving average price is GBX 0.29. The company has a market capitalization of £2.64 million, a price-to-earnings 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.

Further Reading

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