Gem Diamonds H1 profit falls after Covid disrupts operations
3rd Sep 2020 08:38
(Sharecast News) - Gem Diamonds reported a decline in first-half pre-tax profit on Thursday as revenue fell after its operations were disrupted by the Covid-19 crisis.
Read moreGem Diamond sees average carat prices jump
18th Jun 2020 11:20
(Sharecast News) - Gem Diamonds reported a jump in average carat prices on Thursday following its latest precious stone tender.
Read moreGem Diamonds puts Letseng mine on care and maintenance
26th Mar 2020 12:24
(Sharecast News) - Gem Diamonds announced on Thursday that, in line with the Lesotho government's three week lockdown strategy between 29 March and 21 April, in a bid to combat the spread of Covid-19 coronavirus, the decision had been made to temporarily place the Letšeng mine on care and maintenance for the three week period.
Read moreFriday broker round-up
13th Mar 2020 13:17
(Sharecast News) - Balfour Beatty: UBS upgrades to buy with a target price of 350p.
Read moreBerenberg lowers target price on Gem Diamonds following coronavirus outbreak
13th Mar 2020 11:08
(Sharecast News) - Analysts at Berenberg slashed their target price on mining firm Gem Diamonds from 92.0p to 44.0p on Friday, stating that the recent coronavirus outbreak had hit the diamond market's recovery.
Read moreThursday broker round-up
12th Mar 2020 12:55
(Sharecast News) - AJ Bell: Berenberg downgrades to sell with a target price of 280p.
Read moreShine comes off Gem as diamond market falters
11th Mar 2020 11:53
(Sharecast News) - Gem Diamonds has reported a slide in full-year earnings and profits as the market battled oversupply, lower prices and weaker demand.
Read moreGem Diamonds reports solid final quarter
13th Feb 2020 10:29
(Sharecast News) - Gem Diamonds updated the market on its trading for the fourth quarter on Thursday, reporting a 41% improvement in revenue to $51.3m (?39.52m).
Read moreTuesday broker round-up
4th Feb 2020 13:04
(Sharecast News) - Keywords Studios: Berenberg upgrades to buy with a target price of 1,400p.
Read moreGem Diamonds recovers 183 carat diamond from Letseng
4th Feb 2020 11:02
(Sharecast News) - Gem Diamonds said on Tuesday that it has recovered an exceptional 183 carat white Type IIa diamond from its Letseng mine in Lesotho.
Read moreMonday broker round-up
2nd Dec 2019 13:18
(Sharecast News) - Ibstock: Jefferies downgrades to hold with a target price of 268p.
Read moreGem Diamonds Letseng mining lease renewed for 10 years
4th Oct 2019 07:34
(Sharecast News) - The government of Lesotho has renewed the mining lease for Gem Diamonds' Letseng mine, the company said on Friday.
Read moreGem Diamonds interim profits drop amid lower prices
5th Sep 2019 08:12
(Sharecast News) - Gem Diamonds reported a slump in half-year profit on Thursday as revenue fell amid lower average prices.
Read moreFriday broker round-up
30th Aug 2019 12:41
(Sharecast News) - John Wood Group: Berenberg reiterates buy with a target price of 400p.
Read moreThursday broker round-up
20th Jun 2019 13:21
(Sharecast News) - Halma: UBS upgrades to neutral with a target price of 2,060p.
Read more