Gem 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.
Read moreProfits shine at Gem on higher diamond prices
11th Mar 2021 12:37
(Sharecast News) - Specialist producer Gem Diamonds reported improved annual profits on Thursday, after prices strengthened in the second half.
Read moreWednesday broker round-up
3rd Feb 2021 13:05
(Sharecast News) - Unite Group: Barclays downgrades to underweight with a target price of 850p.
Read moreGem Diamonds ends 2020 on high as demand improves
2nd Feb 2021 07:39
(Sharecast News) - Gem Diamonds updated the market on its fourth quarter on Tuesday, reporting a further increase in its net cash position, ending the period with net cash of $34.2m, up from $1.1m at the end of the prior quarter.
Read moreWednesday broker round-up
28th Oct 2020 13:47
(Sharecast News) - DCC: RBC Capital Markets upgrades to outperform with a target price of 7,400p.
Read moreTuesday broker round-up
6th Oct 2020 13:20
(Sharecast News) - Gem Diamonds: Berenberg upgrades to buy with a target price of 43p.
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