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Botswana Diamonds plc (BOD.L)

LSE - LSE Delayed Price. Currency in GBp (0.01 GBP)
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0.3440+0.0190 (+5.85%)
As of 08:02AM BST. Market open.
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Previous Close0.3250
Bid0.3000 x 0
Ask0.3500 x 0
Day's Range0.3440 - 0.3440
52 Week Range0.2500 - 1.2000
Avg. Volume1,923,646
Market Cap3.852M
Beta (5Y Monthly)0.90
PE Ratio (TTM)N/A
EPS (TTM)-0.0000
Earnings DateMar 25, 2024
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters

    Exclusive-Botswana plans extra diamond sales route after De Beers deal

    NAIROBI/LONDON (Reuters) -Botswana's state diamond company is planning to diversify how it sells precious stones to the market as it gears up to receive far more supply under a multi-year deal the country struck with producer De Beers in July. The Okavango Diamond Company (ODC) currently sells 25% of the gems produced by the Botswanan government's Debswana joint venture with Anglo American unit De Beers via an auction process. ODC's share of rough stones from Debswana will rise to 50% over the next decade due to Botswana's new deal with De Beers, but selling large volumes will be hard due to an uncertain economic outlook, and in the face of competition from laboratory-grown gems.