Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGemfields Grou. Share News (GEM)

Share Price Information for Gemfields Grou. (GEM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 12.375
Bid: 12.25
Ask: 12.50
Change: 0.125 (1.02%)
Spread: 0.25 (2.041%)
Open: 12.25
High: 12.375
Low: 12.25
Prev. Close: 12.25
GEM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Gemfields swings to full-year profit

Mon, 22nd Sep 2014 07:04

Sept 22 (Reuters) - Precious stones miner Gemfields Plc swung to a full-year profit as its revenue from the saleof emeralds and rubies more than tripled.

The company reported a pretax profit of $36.3 million forthe year ended June 30. It reported a pretax loss of $20.1million a year earlier.

The London-listed miner's revenue jumped to $160.1 millionfrom $48.4 million a year earlier. Revenue from its first rubyauction this year generated about $33.5 million.

Gemfields currently mines emeralds in Zambia and rubies inMozambique. Last week the company said it would hunt forsapphires in Sri Lanka. (Reporting by Karen Rebelo in Bangalore; Editing by GopakumarWarrier)

More News
2 Mar 2015 10:39

Gemfields Makes USD14.5 Million From Latest Emerald, Beryl Auction

Read more
17 Feb 2015 09:50

Gemfields Emerald, Ruby Production Up, But Faberge Takes Hit

Read more
26 Nov 2014 09:31

Gemfields unearths rare 40.23-carat ruby in Mozambique

Nov 26 (Reuters) - British precious stones miner Gemfields Plc said it had found a 40.23-carat rough ruby at its Montepuez deposit in Mozambique, and termed the find as "one of the most important rubies unearthed in recent times". The miner said on Wednesday that the recent find had been ap

Read more
14 Nov 2014 19:34

Friday broker round-up:

TSB Banking: Shore Capital reiterates buy with a target price for 325p. Vernalis: Canaccord Genuity ups target to 66p from 56p and reiterates buy. Aggreko: Panmure Gordon and Investec reiterate hold. Gemfields: Numis initiates coverage with a buy recommendation and 70p target price. Ithaca Energy

Read more
14 Nov 2014 10:15

Gemfields Produces Less At Lower Grade And Higher Price In Quarter

Read more
14 Nov 2014 10:06

UK BROKER RATINGS: Shore Capital Initiates TSB With Buy

Read more
22 Oct 2014 08:38

UK BROKER RATINGS: UBS Upgrades ARM Holdings To Buy From Neutral

Read more
23 Sep 2014 09:36

Tuesday broker round-up UPDATE

AVEVA: JP Morgan reduces target price from 2450p to 1825p, while leaving its overweight rating unchanged. African Minerals: Credit Suisse reduces target price from 120p to 25p, while leaving its neutral rating unchanged. Aviva: Goldman Sachs ups target price from 490p to 515p and reiterates a neutr

Read more
22 Sep 2014 12:31

UPDATE 1-Gemfields swings to profit on strong sales of emeralds, rubies

(Adds details, CEO comment) By Karen Rebelo Sept 22 (Reuters) - British precious stones miner Gemfields Plc swung to a full-year profit as revenue from the sale of emeralds and rubies more than tripled. The company said it targeted producing 25-30 million carats of emeralds and

Read more
22 Sep 2014 09:40

Gemfields Trebles Revenue And Swings To Pretax Profit In Year

Read more
22 Sep 2014 05:20

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
19 Sep 2014 15:09

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
19 Sep 2014 05:25

UK Earnings, Trading Statements Calendar - Week Ahead

Read more
18 Sep 2014 15:23

UK Earnings, Trading Statements Calendar - Week Ahead

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.