Gem Diamonds Ltd. (DI) (GEMD)

Sector:

Mining

Index:

FTSE Fledgling

13.25p
   
  • Change Today:
      0.25p
  • 52 Week High: 24.00
  • 52 Week Low: 7.99
  • Currency: UK Pounds
  • Shares Issued: 139.69m
  • Volume: 310,012
  • Market Cap: £18.51m
  • RiskGrade: 292

Gem Diamonds recovers 100.5 carat diamond from Letseng

By Michele Maatouk

Date: Friday 27 Jul 2018

LONDON (ShareCast) - (Sharecast News) - Gem Diamonds has recovered a 100.5 carat, top white colour Type IIa diamond from its Letseng mine in Lesotho.
The company said on Friday that this recovery is the eleventh diamond of more than 100 carats this year. In May, it recovered a 115 carat diamond.

Liberum said: "The rate of recoveries has slowed in the second quarter from an incredible first quarter, but the company has now recovered three more than 100 carat stones than it did in all of 2017, six more than 2016 and in line with 2015, its best ever year. Expect momentum from cost savings."

It rates the stock at 'buy' with a 135p price target.

At 0955 BST, the shares were down 1.5% to 114.75p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GEMD Market Data

Currency UK Pounds
Share Price 13.25p
Change Today 0.25p
% Change 1.92 %
52 Week High 24.00
52 Week Low 7.99
Volume 310,012
Shares Issued 139.69m
Market Cap £18.51m
RiskGrade 292

GEMD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.67% below the market average6.67% below the market average6.67% below the market average6.67% below the market average6.67% below the market average
13.43% below the sector average13.43% below the sector average13.43% below the sector average13.43% below the sector average13.43% below the sector average
Price Trend
43.58% below the market average43.58% below the market average43.58% below the market average43.58% below the market average43.58% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Income Not Available
Growth
98.15% below the market average98.15% below the market average98.15% below the market average98.15% below the market average98.15% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GEMD Dividends

  Latest Previous
  Final Final
Ex-Div 19-May-22 13-May-21
Paid 21-Jun-22 15-Jun-21
Amount 2.70¢ 2.50¢

Trades for 14-May-2024

Time Volume / Share Price
16:35 1 @ 13.25p
16:35 1 @ 13.25p
15:23 55,000 @ 13.54p
15:22 55,000 @ 12.90p
15:22 65 @ 12.60p

GEMD Key Personnel

CEO Clifford Thomas Elphick
CFO Michael Michael

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