Shares of Botswana Diamonds PLC fell 12.1% during mid-day trading on Friday .
The stock traded as low as GBX 0.74 ($0.01) and last traded at GBX 0.73 ($0.01). 2,614,274 shares traded hands during trading, an increase of 75% from the average session volume of 1,490,000 shares. The stock had previously closed at GBX 0.83 ($0.01).
Separately, Northland Securities reaffirmed a “speculative buy” rating on shares of Botswana Diamonds in a research report on Thursday, November 15th.
Botswana Diamonds Company Profile
Botswana Diamonds plc operates as a diamond exploration and project development company in Botswana and South Africa. The company’s flagship property is the Thorny River project, a long narrow kimberlite dyke stretching over 7 kilometers located in the Limpopo Province. Botswana Diamonds plc was founded in 2010 is based in Dublin, Ireland.