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

Botswana Diamonds plc (LON:BODGet Free Report)’s stock price shot up 37.5% on Monday . The company traded as high as GBX 0.22 ($0.00) and last traded at GBX 0.22 ($0.00). 6,349,644 shares traded hands during trading, an increase of 329% from the average session volume of 1,481,223 shares. The stock had previously closed at GBX 0.16 ($0.00).

Botswana Diamonds Stock Up 7.3 %

The firm’s 50 day moving average is GBX 0.23 and its two-hundred day moving average is GBX 0.29. The stock has a market cap 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.

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