The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 41.90
Bid: 0.00
Ask: 58.00
Change: 0.00 (0.00%)
Spread: 17.00 (41.463%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 41.90
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: Petrofac rises further; Petra shines

Fri, 08th Dec 2023 10:14

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

----------

SMALL-CAP - WINNERS

----------

Petrofac Ltd, up 12% at 22.04 pence, 12-month range 14.58p-91.05p. The provider of services to the energy industry extends recent gains, rising 42% since the start of the week. It said Monday it is mulling a "range of strategic and financial options" to strengthen its balance sheet, as it warned it would not meet its annual cash flow guidance following payment delays.

----------

Petra Diamonds Ltd, up 2.0% at 51p, 12month range 387p-104p. The Southern Africa-focused diamond miner and supplier said South African firm Absa Bank, which is part of Absa Group Ltd, has approved the increase to its revolving credit facility to USD93 million from USD53 million. It also reports growth in diamond sales in its most recent tender. Says 462,794 carats sold in tender 3 of the financial year ending June 30 for a total of USD58.7 million, representing a 4.2% increase from 444,029 carats sold in tender 2 for USD40.5 million. Meanwhile, the price was up by 20% on a like-for-like basis.

----------

SMALL-CAP - LOSERS

----------

MJ Gleeson PLC, down 1.3% at 437.25p, 12-month range 331p-475p. The housebuilder and land investor's price target is cut to 550p from 575p previously by the Royal Bank of Canada, though the bank maintains its 'outperform' rating for the stock.

----------

By Elizabeth Winter, Alliance News deputy news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
31 May 2020 14:20

IN BRIEF: Petra Diamonds Agrees Debt Forebearance As Q3 Output Up !%

IN BRIEF: Petra Diamonds Agrees Debt Forebearance As Q3 Output Up !%

Read more
1 May 2020 13:28

UK TRADING UPDATE SUMMARY: Avacta, Genedrive Progress With Virus Tests

UK TRADING UPDATE SUMMARY: Avacta, Genedrive Progress With Virus Tests

Read more
1 May 2020 08:09

Petra Diamonds withholds interest payment as creditors circle

May 1 (Reuters) - Africa-focussed Petra Diamonds said on Friday it would hold off on making an interest payment on bonds due on May 1 and make use of a 30-day grace period to find a resolution with creditors that allows it to draw down other new ...

Read more
30 Apr 2020 09:45

UK BROKER RATINGS SUMMARY: ODDO BHF Cuts IAG To Neutral From Buy

UK BROKER RATINGS SUMMARY: ODDO BHF Cuts IAG To Neutral From Buy

Read more
22 Apr 2020 16:10

Petra Diamonds moves towards $650 million debt restructuring - sources

By Clara DeninaLONDON, April 22 (Reuters) - London-listed diamond miner Petra Diamonds is working towards restructuring its $650 million debt, as the challenges facing an industry assailed by synthetic rivals are complicated by the coronavirus pan...

Read more
17 Apr 2020 18:29

Moody's Downgrades Petra Diamonds' Rating To Caa2; Outlook Negative

Moody's Downgrades Petra Diamonds' Rating To Caa2; Outlook Negative

Read more
17 Apr 2020 10:27

UK BROKER RATINGS SUMMARY: Barclays Lowers Whitbread And Raises IHG

UK BROKER RATINGS SUMMARY: Barclays Lowers Whitbread And Raises IHG

Read more
9 Apr 2020 16:34

Petra Diamond Says Covid-19 Has Hurt Business, In Financing Talks

Petra Diamond Says Covid-19 Has Hurt Business, In Financing Talks

Read more
27 Mar 2020 14:22

REPEAT: UK TRADING UPDATE SUMMARY: John Menzies Axes 17,500 Jobs

REPEAT: UK TRADING UPDATE SUMMARY: John Menzies Axes 17,500 Jobs

Read more
27 Mar 2020 14:03

UK TRADING UPDATE SUMMARY: John Menzies Axes 17,500 Jobs Amid Covid-19

UK TRADING UPDATE SUMMARY: John Menzies Axes 17,500 Jobs Amid Covid-19

Read more
25 Mar 2020 09:38

UK BROKER RATINGS SUMMARY: Citi Downgrades easyJet And IAG To Neutral

UK BROKER RATINGS SUMMARY: Citi Downgrades easyJet And IAG To Neutral

Read more
24 Mar 2020 14:59

Petra Diamonds Forced To Halt South African Mining Operations

Petra Diamonds Forced To Halt South African Mining Operations

Read more
18 Feb 2020 13:26

Tuesday broker round up

(Sharecast News) - Severn Trent: JP Morgan upgrades to neutral with a target price of 2,550p.

Read more
18 Feb 2020 09:29

UK BROKER RATINGS SUMMARY: JPMorgan Upgrades Severn Trent To Neutral

UK BROKER RATINGS SUMMARY: JPMorgan Upgrades Severn Trent To Neutral

Read more
17 Feb 2020 10:38

Petra shares slide amid difficult diamond market

(Sharecast News) - Petra Diamonds reported a 6% fall in revenue in its half-year results on Monday, to $193.9m (£148.78m), which it put down to a decline in rough diamond prices.

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.