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Botswana Diamonds stock fell 8% amid higher trading volume, with no reason given.
Botswana Diamonds (LON:BOD) shares dropped 8% on Tuesday, closing at GBX 0.23 amid higher-than-average trading volume of 3.02 million shares.
The decline followed a drop to a session low of GBX 0.23, down from a previous close of GBX 0.25.
The stock’s 50-day and 200-day moving averages are GBX 0.27 and GBX 0.26, respectively, and the company has a market cap of £2.76 million and a negative P/E ratio of -4.60.
The mining company, formerly Botswana Exploration plc, explores for diamonds in Botswana, South Africa, and Zimbabwe, with key projects in the Kalahari region and South Africa’s Thorny River/Marsfontein site.
The cause of the stock’s fall was not disclosed.
Las acciones de Botswana Diamonds cayeron un 8% en medio de un mayor volumen de operaciones, sin ninguna razón dada.