Petra Diamonds Limited (LON:PDL) Insider José Manuel Vargas Buys 1,500,000 Shares

Petra Diamonds Limited (LON:PDL) insider José Manuel Vargas acquired 1,500,000 shares of the business’s stock in a transaction dated Friday, May 17th. The shares were bought at an average cost of GBX 40 ($0.51) per share, for a total transaction of £600,000 ($762,582.61).

Petra Diamonds Stock Performance

LON:PDL opened at GBX 45 ($0.57) on Thursday. The business’s fifty day moving average price is GBX 42.33 and its 200 day moving average price is GBX 47.79. The firm has a market capitalization of £87.39 million, a PE ratio of -115.38, a price-to-earnings-growth ratio of 0.17 and a beta of 1.48. Petra Diamonds Limited has a 12 month low of GBX 35.13 ($0.45) and a 12 month high of GBX 77.10 ($0.98). The company has a debt-to-equity ratio of 103.61, a current ratio of 1.85 and a quick ratio of 3.52.

About Petra Diamonds

Petra Diamonds Limited, an investment holding company, engages in the mining, processing, sorting, and sale of rough diamonds in South Africa and Tanzania. It also provides treasury, beneficiation, and other services. Petra Diamonds Limited was incorporated in 1997 and is based in London, the United Kingdom.