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Pin to quick picksGem Diamonds Di Share News (GEMD)

Share Price Information for Gem Diamonds Di (GEMD)

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Share Price: 12.575
Bid: 12.05
Ask: 13.00
Change: 0.00 (0.00%)
Spread: 0.95 (7.884%)
Open: 12.575
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Low: 0.00
Prev. Close: 12.575
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IN BRIEF: Jangada Mines shares in freefall after technical report

Thu, 21st Apr 2022 14:25

Jangada Mines PLC - London-based mining company focused in Brazil - Says a technical report confirms that there are no impediments to proceeding its mine development at Pitombeiras, Brazil. "There are no legal, technical, or geological impediments to proceeding to mine development, construction, and production, highlights the project's robust economics and excellent potential to become a profitable producer of Ferrovanadium concentrate and Titanium dioxide," the firm says.

Reports "robust economics" inclusive of titanium dioxide, saying project has USD96.5 million post-tax net present value. In the preliminary economic assessment published in February 2021, the project had USD106.5 million post-tax net present value.

Shares of several mining companies were falling on Thursday afternoon. Glencore PLC and Gem Diamonds Ltd are down 4.4% while Antofagasta fell by 7.0%.

Current Jangada stock price: 7.77 pence, down 24% on Thursday

12-month change: down 0.4%

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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TRADING UPDATES: Caledonia buys Motapa Mining, Gem Diamonds revenue up

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21 Oct 2022 09:38

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6 Oct 2022 10:46

LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

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6 Oct 2022 07:44

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1 Sep 2022 07:24

Gem Diamonds H1 EBITDA falls despite 'strong demand'

(Sharecast News) - Diamond producer Gem Diamonds said on Thursday that first-half underlying earnings had fallen despite "strong demand and robust prices".

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25 Aug 2022 15:55

UK earnings, trading statements calendar - next 7 days

Friday 26 August 
CT Private Equity Trust PLCHalf Year Results
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Monday 29 August 
no events scheduled 
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CentralNic Group PLCHalf Year Results
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Chesnara PLCHalf Year Results
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Flowtech Fluidpower PLCHalf Year Results
STM Group PLCTrading Statement
Thursday 1 September 
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Gem Diamonds LtdHalf Year Results
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Kainos Group PLCTrading Statement
Omega Diagnostics Group PLCFull Year Results
PPHE Hotel Group PLCHalf Year Results
Sportech PLCHalf Year Results
Wentworth Resources PLCHalf Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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22 Aug 2022 10:28

SMALL-CAP WINNERS & LOSERS: NextEnergy Solar rises on dividend hike

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22 Aug 2022 09:41

LONDON BROKER RATINGS: Liberum cuts Gem Diamonds and Petra Diamonds

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22 Aug 2022 08:09

LONDON BRIEFING: Vodafone makes way for new Hungary national champion

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17 Aug 2022 11:48

Gem Diamonds revenue up, though prices and recoveries fall

(Sharecast News) - Gem Diamonds sold 57,075 carats in its first half, it reported on Wednesday, generating revenue of $99.6m, up from $97.3m year-on-year, although prices and recoveries were down.

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17 Aug 2022 11:40

IN BRIEF: Gem Diamonds shares slip as quarterly production falls

Gem Diamonds Ltd - London-based diamond producer with diamond mining operations in Lesotho and Botswana - Sells more carats while producing less in the half-year to June 30. Revenue from carat sales grows 2.3% to USD99.6 million from USD97.3 million in the second half of 2021. Sells 57,075 carats, up 4.5% from 54,573. Average price per carat falls 2.1% to USD1,745 from USD1,783.

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17 Aug 2022 11:18

Berenberg slashes target for Gem Diamonds but stays at 'buy'

(Sharecast News) - Analysts at Berenberg slashed their target price for shares of Gem Diamonds on the back of the miner's second quarter trading statement.

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17 Aug 2022 09:40

LONDON BROKER RATINGS: BT upped to 'buy'; Plus500 price target lifted

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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