Gem Diamonds to sell Ghaghoo mine in Botswana
20th Jun 2019 07:46
(Sharecast News) - Gem Diamonds has agreed to sell its failed mine in Botswana to Pro Civil for $5.4m.
Read moreGem Diamonds reiterates FY production guidance as Q1 output steady
8th May 2019 10:58
(Sharecast News) - Gem Diamonds reiterated its full-year production guidance on Wednesday as it said first-quarter production was steady compared to the final quarter of 2018.
Read moreWednesday broker round-up
3rd Apr 2019 13:41
(Sharecast News) - Anglo Pacific Group: Berenberg initiates at buy with a target price of 226p.
Read moreGem Diamonds achieves record price for 13.3 carat pink diamond
14th Mar 2019 08:49
(Sharecast News) - Gem Diamonds said on Thursday that it has sold a 13.3 carat pink diamond that was recovered from its Letseng mine in Lesotho in February for just over $8.75m.
Read moreGem Diamonds shares fall as board talks up transformation progress
13th Mar 2019 14:10
(Sharecast News) - Gem Diamonds shares were in the red on Wednesday afternoon, after the company reported an increase in revenue to $267.3m from $214.3m in its full-year results.
Read moreFriday broker round-up
2nd Nov 2018 12:26
(Sharecast News) - Moneysupermarket.com: Liberum upgrades to buy with a target price of 500p.
Read moreWednesday broker round-up
31st Oct 2018 13:07
(Sharecast News) - Auto Trader: UBS upgrades to buy with a target price of 445p.
Read moreThursday broker round-up
20th Sep 2018 13:16
(Sharecast News) - AVEVA Group: Barclays upgrades to overweight with a target price of 3,150p.
Read moreGem Diamonds recovers 138 carat diamond from Letseng mine
15th Aug 2018 09:36
(Sharecast News) - Gem Diamonds has recovered another diamond of more than 100 carats from its Letseng mine in Lesotho.
Read moreGem Diamonds recovers 100.5 carat diamond from Letseng
27th Jul 2018 10:00
(Sharecast News) - Gem Diamonds has recovered a 100.5 carat, top white colour Type IIa diamond from its Letseng mine in Lesotho.
Read moreTuesday broker round-up
7th Feb 2017 15:10
(ShareCast News) - Cairn Energy: Deutsche Bank upgrades to buy with a target price of 275p. Servelec Group: Berenberg reiterates buy, 391p target. Anglo American: JP Morgan reiterates overweight with a 1470p target. Premier Oil: Deutsche Bank downgrades to hold with a 90p target. Sanne Group: Be
Read moreBroker tips: Gem Diamonds, Glencore, KAZ Minerals
19th Aug 2016 10:17
(ShareCast News) - RBC Capital Markets downgraded Gem Diamonds to 'sector perform' from 'outperform' and slashed the price target to 130p from 170p. The bank said the investment thesis for Gem revolves around the Letseng mine in Lesotho. It said the Ghaghoo mine in Botswana is a drag on valuation,
Read moreRBC downgrades Gem Diamonds to 'sector perform' on valuation
19th Aug 2016 07:44
(ShareCast News) - RBC Capital Markets downgraded Gem Diamonds to 'sector perform' from 'outperform' and slashed the price target to 130p from 170p. The bank said the investment thesis for Gem revolves around the Letseng mine in Lesotho. It said the Ghaghoo mine in Botswana is a drag on valuation,
Read moreGem Diamonds' profit falls due to $40m one-off cost at Bostwana mine
17th Aug 2016 10:02
(ShareCast News) - Explorer Gem Diamonds' half-year profits fell due to weak demand for the rocks recovered in its Botswana mine which caused a $40m exceptional charge. For the six months ended 30 June, profit before exceptional items fell 12% to $13.4m and revenue fell 7.5% to $109.1m, compared to
Read moreWednesday broker round-up
10th Aug 2016 10:11
(ShareCast News) - Ibstock: Jefferies reiterates buy with a target price of 190p. Legal & General: Barclays maintains equal-weight with a 194p target. Glencore: UBS reiterates buy with a 220p target. Booker: HSBC stays at neutral with a 200p target. Spire Healthcare: Berenberg reiterates buy with
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