Gem Diamonds Ltd. (DI) (GEMD)

Sector:

Mining

Index:

FTSE Fledgling

8.00p
   
  • Change Today:
    -0.15p
  • 52 Week High: 14.85
  • 52 Week Low: 7.55
  • Currency: UK Pounds
  • Shares Issued: 139.73m
  • Volume: 233,772
  • Market Cap: £11.18m
  • RiskGrade: 292
  • Beta: 0.01

Shares in Gem Diamonds shine on 'remarkable' recovery

By Abigail Townsend

Date: Wednesday 29 May 2024

LONDON (ShareCast) - (Sharecast News) - Gem Diamonds has recovered a 212 carat precious stone, the miner confirmed on Wednesday, sending its shares higher.


The London-listed miner, which has a 70% stake in the Letseng mine in Lesotho, said a "remarkable" 212.49 carat type II white diamond had been recovered at the site on 28 May.

As at 0945 BST, the stock had jumped 5% at 13.15p, having earlier added as much as 8%.

It is the sixth greater-than-100 carat diamond Gem has recovered this year. The Letseng mine is known for the production of large, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mind in the world.

Last month Gem - a specialist in high value diamonds - discovered at 169.15 carat diamond at the southern African site.

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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 8.00p
Change Today -0.15p
% Change -1.84 %
52 Week High 14.85
52 Week Low 7.55
Volume 233,772
Shares Issued 139.73m
Market Cap £11.18m
Beta 0.01
RiskGrade 292

GEMD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.11% above the market average88.11% above the market average88.11% above the market average88.11% above the market average88.11% above the market average
58.40% above the sector average58.40% above the sector average58.40% above the sector average58.40% above the sector average58.40% above the sector average
Price Trend
55.96% below the market average55.96% below the market average55.96% below the market average55.96% below the market average55.96% below the market average
29.85% below the sector average29.85% below the sector average29.85% below the sector average29.85% below the sector average29.85% below the sector average
Income Not Available
Growth
41.4% below the market average41.4% below the market average41.4% below the market average41.4% below the market average41.4% below the market average
12.28% below the sector average12.28% below the sector average12.28% below the sector average12.28% below the sector average12.28% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_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 04-Apr-2025

Time Volume / Share Price
15:56 488 @ 7.60p
15:56 15,978 @ 7.96p
15:56 22 @ 7.96p
14:52 2,956 @ 7.60p
14:52 22 @ 7.80p

GEMD Key Personnel

CEO Clifford Thomas Elphick
CFO Michael Michael

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