Gem Diamonds reports solid quarter for operations, sales
23rd Oct 2024 08:31
(Sharecast News) - Gem Diamonds reported a solid third quarter operational and sales performance on Wednesday, achieving higher sales volumes and revenue compared to the prior quarter.
Read moreGem Diamonds lifts output guidance as H1 profits more than double
29th Aug 2024 07:43
(Sharecast News) - Underlying profits at Gem Diamonds more than doubled in the first half as increases in production, as well as the number of larger gemstones recovered, was able to offset a dip in the average price per carat.
Read moreGem Diamonds finds 130-carat stone in Lesotho
28th Aug 2024 07:29
(Sharecast News) - Shares in Gem Diamonds were given a boost on Wednesday after the Southern Africa-focused diamond miner announced the recovery of another giant gemstone from its Letšeng mine.
Read moreGem Diamonds reports solid solid first-half recovery, sales figures
13th Aug 2024 12:11
(Sharecast News) - Gem Diamonds reported solid operational and sales results for the first half on Tuesday, with growth in both carat sales and revenue.
Read moreShares in Gem Diamonds shine on 'remarkable' recovery
29th May 2024 08:22
(Sharecast News) - Gem Diamonds has recovered a 212 carat precious stone, the miner confirmed on Wednesday, sending its shares higher.
Read moreGem Diamonds recovers 169-carat white diamond in Lesotho
22nd Apr 2024 09:31
(Sharecast News) - Gem Diamonds announced the retrieval of a notable 169.15-carat type II white diamond from its Letšeng mine in Lesotho on Monday.
Read moreSales lose their sparkle at Gem Diamonds
1st Nov 2023 08:17
(Sharecast News) - Gem Diamonds reported a fall in the number of precious stones sold during the last quarter on Wednesday, as the global market continued to struggle.
Read moreGem Diamonds reports decline in carats recovered
22nd Aug 2023 07:21
(Sharecast News) - Gem Diamonds said in a trading update on Tuesday that throughout the first half, a total of 12 diamonds were sold, each exceeding $1m, bringing in revenue of $21m during the six-month period.
Read moreGem Diamonds H1 EBITDA falls despite 'strong demand'
1st Sep 2022 07:24
(Sharecast News) - Diamond producer Gem Diamonds said on Thursday that first-half underlying earnings had fallen despite "strong demand and robust prices".
Read moreGem Diamonds revenue up, though prices and recoveries fall
17th Aug 2022 11:48
(Sharecast News) - Gem Diamonds sold 57,075 carats in its first half, it reported on Wednesday, generating revenue of $99.6m, up from $97.3m year-on-year, although prices and recoveries were down.
Read moreBerenberg slashes target for Gem Diamonds but stays at 'buy'
17th Aug 2022 11:18
(Sharecast News) - Analysts at Berenberg slashed their target price for shares of Gem Diamonds on the back of the miner's second quarter trading statement.
Read moreRevenues shine at Gem Diamonds
1st Feb 2022 08:03
(Sharecast News) - Gem Diamonds reported fourth-quarter revenues of $50m on Tuesday, after a rise in average carat prices.
Read moreThursday broker round-up
8th Jul 2021 13:04
(Sharecast News) - Croda International: HSBC upgrades to buy with a target price of 8,600p.
Read moreBerenberg ups rating on BHP, downgrades Gem Diamonds
8th Jul 2021 07:34
(Sharecast News) - Berenberg has upgraded BHP to 'buy' and downgraded Gem Diamonds, following a review of its stance on precious metals miners.
Read moreFriday broker round-up
23rd Apr 2021 13:29
(Sharecast News) - GB Group: Canaccord reiterates hold with a target price of 900p.
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