Profits 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.
Read moreGem 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 more