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BUZZ-Gemfields: hits 4-mth high on strong results

Mon, 26th Sep 2016 08:48

** Miner Gemfields up 3.3 pct, highest level sinceMay and top gainer on FTSE AIM 100 index afterreporting revenue in line with its forecasts

** FY revenue $193.1 mln, up 13 pct versus last year, profitafter tax up 91 pct to $23.5 mln

** Co's FY revenue beats Panmure Gordon's expectation;broker says additional production sources in Zambia, Colombiaand Ethiopia make stock attractive

** An entire day's average volume traded by 0800 GMT

** Up to Friday's close, stock had risen 8.8 pct YTDcompared to a 10.6 pct rise in the FTSE AIM 100 index (Sanjeeban.Sarkar@thomsonreuters.com)

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25 Mar 2024 08:18

Gemfields annual profit tumbles after scrapping auction, write-down

(Alliance News) - Gemfields Group Ltd reported on Monday it had slashed its dividend after profit dived due to a write-down on its platinum group meta...

22 Mar 2024 16:35

Gemfields set to swing to loss in 2023

(Sharecast News) - Coloured gemstone specialist Gemfields said in a trading update on Friday that its two primary operating assets, Kagem and MRM, con...

22 Mar 2024 15:16

UK earnings, trading statements calendar - next 7 days

22 Mar 2024 08:32

Gemfields expects to swing to annual loss on write-down, lower output

(Alliance News) - Gemfields Group Ltd warned on Friday it expects to swing to an annual loss after a platinum group metals write-down and the withdraw...

29 Jan 2024 10:03

IN BRIEF: Gemfields auction revenue slumps 23% in 2023 after record

Gemfields Group Ltd - London-headquartered gemstones producer - Posts a 23% drop in auction revenue to USD242 million in 2023 from USD316 million in 2...

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