Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPetra Diamonds Share News (PDL)

Share Price Information for Petra Diamonds (PDL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 42.50
Bid: 42.50
Ask: 42.90
Change: 0.40 (0.95%)
Spread: 0.40 (0.941%)
Open: 42.10
High: 42.70
Low: 42.10
Prev. Close: 42.10
PDL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Costain sinks as dividend remains absent

Wed, 25th Aug 2021 11:00

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

----------

SMALL-CAP - WINNERS

----------

Ediston Property Investment Co PLC, up 2.0% at 74.01 pence, 12-month range 45.96p-77.00p. The property investor buys Springkerse Retail Park in Stirling, for GBP21.9 million, in an 'off market' transaction. The price reflects an initial yield of 9.54%. The retail park was purchased from clients of LaSalle Investment Management, it says.

----------

Petra Diamonds Ltd, up 1.0% at 1.70p, 12-month range 1.20p-2.80p. The diamond miner says it has sold a 342 carat white diamond and 18 carat blue diamond to Stargems Pty Ltd for a total of USD13.5 million. South Africa-focused Petra, which supplies gem-quality rough diamonds, will receive an upfront payment of USD10.0 million for the 342.92 carat white stone and USD3.5 million for the 18.30 carat blue stone. Petra will retain a 50% interest in the proceeds of both diamonds once Stargems's Johannesburg cutting factory produces the polished stones.

----------

SMALL-CAP - LOSERS

----------

Costain Group PLC, down 6.5% at 59.20p, 12-month range 30.35p-75.40p. The construction and engineering firm reports a return to profit but refrains from declaring a dividend. Costain posts a pretax profit of GBP9.1 million for the six months to June 30, swinging from a GBP92.3 million loss a year before. Adjusted pretax profit was GBP9.4 million, up from GBP3.8 million a year prior. Costain did not declare an interim dividend but says it will continue to review the timing of the reinstatement of future dividends in light of the company's performance and cash flow requirements.

----------

Nostrum Oil & Gas PLC, down 3.4% at 9.92p, 12-month range 7.43p-15.50p. The oil and gas explorer announces the sale of its interest in the Rostoshinskoye field in Kazakhstan. The exploration and production company said that the sale was its most cost-effective option. It didn't provide the name of the buyer nor the price received.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
13 Dec 2021 09:01

UPDATE 3-Junior miners Strandline, Black Rock, OreCorp sign agreements with Tanzania

* Junior miners sign agreements at ceremony in capital* Petra Diamonds gives govt 16% free carried interest* Petra's stake in Williamson mine to fall from 75% to 63% (Adds Petra Diamonds signed agreement)By Nuzulack DausenDAR ES SALAAM, Dec 13 (Reut...

Read more
13 Dec 2021 08:19

Petra Diamonds to grant Tanzania 16% free carried interest in Williamson mine

DAR ES SALAAM, Dec 13 (Reuters) - Petra Diamonds will grant the government of Tanzania a 16% free carried interest in its subsidiary Williamson Diamonds Limited, CEO Richard Duffy said at a signing ceremony in Dar Es Salaam on Monday.The move wil...

Read more
12 Nov 2021 17:19

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
27 Oct 2021 10:53

Berenberg lowers Petra Diamonds to 'hold'

(Sharecast News) - Analyst at Berenberg downgraded Petra Diamonds from 'buy' to 'hold' on Wednesday, stating now was the time to take some profit.

Read more
27 Oct 2021 09:44

LONDON BROKER RATINGS: Entain, Unite Group and FirstGroup upped to Buy

LONDON BROKER RATINGS: Entain, Unite Group and FirstGroup upped to Buy

Read more
27 Oct 2021 08:27

REPEAT: LONDON BRIEFING: Activist out as FirstGroup launches tender

REPEAT: LONDON BRIEFING: Activist out as FirstGroup launches tender

Read more
27 Oct 2021 08:19

LONDON BRIEFING: Activist to exist as FirstGroup launches tender offer

LONDON BRIEFING: Activist to exist as FirstGroup launches tender offer

Read more
26 Oct 2021 19:06

TRADING UPDATES: Yellow Cake fundraises; Mercia Asset invests

TRADING UPDATES: Yellow Cake fundraises; Mercia Asset invests

Read more
14 Sep 2021 14:44

TRADING UPDATES: Staffline revenue rises, Petra Diamonds sees momentum

TRADING UPDATES: Staffline revenue rises, Petra Diamonds sees momentum

Read more
14 Sep 2021 12:31

Petra hails 'watershed' year as revenues jump

(Sharecast News) - Petra Diamonds has announced a jump in final revenues, after what the mining firm called a "watershed" year.

Read more
7 Sep 2021 16:25

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
25 Aug 2021 10:52

Petra sells two diamonds for initial $13.5m

(Sharecast News) - Petra Diamonds said on Wednesday that it has sold two diamonds recovered from the Cullinan mine in South Africa into a partnership with Johannesburg-based diamond cutter and polisher Stargems, for an initial $13.5m.

Read more
25 Aug 2021 10:02

Petra Diamonds makes USD14 million on sale blue and white stones

Petra Diamonds makes USD14 million on sale blue and white stones

Read more
23 Aug 2021 14:11

EXECUTIVE CHANGES: Condor Gold hires CFO; Serinus Energy brings in COO

EXECUTIVE CHANGES: Condor Gold hires CFO; Serinus Energy brings in COO

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.