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Share Price: 12.75

Bid: 12.50

Ask: 13.00

Change: 0.00 (0.00%)

Spread: 0.50 (4.00%)

Open: 12.75

High: 12.75

Low: 12.75

Prev. Close: 12.75

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IN BRIEF: Gemfields hits all-time record revenue after emerald auction

Fri, 27th May 2022 08:45

Gemfields Group Ltd - London-headquartered gemstones supplier - Generates all-time record revenue of USD43.3 million at Kagem Mining Ltd's emerald auction. Emerald auction comprised a series of five sequential mini-auctions held from May 9 to May 26. All 38 lots offered were sold. This latest auction was hosted in Bangkok, Thailand.

At the auction held from March 15 to April 1, Gemfields recorded USD42.3 million in revenue.

Johannesburg current stock price: ZAR3.15, unchanged on Friday

12-month change: up 87%

London current stock price: 16.30 pence, up 1.5%

12-month change: up 86%

By Artwell Dlamini; artwelldlamini@alliancenews.com

More News

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

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

14 Nov 2014 10:15

Gemfields Produces Less At Lower Grade And Higher Price In Quarter

14 Nov 2014 10:06

UK BROKER RATINGS: Shore Capital Initiates TSB With Buy

22 Oct 2014 08:38

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

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

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

22 Sep 2014 09:40

Gemfields Trebles Revenue And Swings To Pretax Profit In Year

22 Sep 2014 07:04

Gemfields swings to full-year profit

Sept 22 (Reuters) - Precious stones miner Gemfields Plc swung to a full-year profit as its revenue from the sale of emeralds and rubies more than tripled. The company reported a pretax profit of $36.3 million for the year ended June 30. It reported a pretax loss of $20.1 million a year ear

22 Sep 2014 05:20

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Gemfields Grou. Share News (GEM)

Share Price Information for Gemfields Grou. (GEM)

IN BRIEF: Gemfields hits all-time record revenue after emerald auction

Gemfields unearths rare 40.23-carat ruby in Mozambique

Friday broker round-up:

Gemfields Produces Less At Lower Grade And Higher Price In Quarter

UK BROKER RATINGS: Shore Capital Initiates TSB With Buy

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

Tuesday broker round-up UPDATE

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

Gemfields Trebles Revenue And Swings To Pretax Profit In Year

Gemfields swings to full-year profit

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar - Week Ahead

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Gemfields Grou. Share News (GEM)

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