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Gem Diamonds

Current Price 82.40p Bid 78.40p Ask 83.00p Change 6.41%
Last Updated: 18/02/2018 02:43. Prices delayed by at least 15 minutes.
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Company Overview

Gem Diamonds Limited is a leading global diamond producer of high value diamonds. The Company owns 70% of the Letšeng mine in Lesotho and 100% of the Ghaghoo mine in Botswana. The Letšeng mine is famous for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world.

Financial Highlights Year Ended 31/12/2016

Turnover
£189.82m
Operating Profit
£-123.90m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
-0.71

Stock Details

EPIC
GEMD
ISIN
VGG379591065
Shares in Issue
138,620,158
Market cap
£112.84m
Sector

Analyst Views (4)

Strong Buy
 
50.00%
Buy
 
0.00%
Hold
 
25.00%
Sell
 
25.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
83.00p
Bid Price
78.40p
Ask Price
83.00p
Volume
36994
Change Today
5.00p
% Change Today
6.41%
Open
79.68p
Previous Close
83.00p
Intraday High
83.00p
Intraday Low
79.40p
52 Week High
123.00p
52 Week Low
66.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Gem Diamonds Intra-day Chart

Gem Diamonds News

News in this section is provided by MoneyAM

Gem Diamonds third quarters sales rise as prices jump 02 Feb 2018 | 10:02 Gem Diamonds recovers high quality diamond 22 Jan 2018 | 09:00 Broker Forecast - Liberum Capital issues a broker note on Gem Diamonds Ltd 15 Jan 2018 | 09:20 Gem Diamonds recovers exceptional 910 carat diamond 15 Jan 2018 | 07:07 Housebuilders help drag FTSE lower 08 Jan 2018 | 16:47 Broker Forecast - Barclays Capital issues a broker note on Gem Diamonds Ltd 08 Jan 2018 | 15:10 FTSE flat after disappointing house prices data 08 Jan 2018 | 11:48 Gem Diamonds recovers high quality diamonds 08 Jan 2018 | 07:16 Demand for Letseng diamonds remains firm, says Gem Diamonds 31 Oct 2017 | 09:08 Gem Diamonds senior independent non-exec dies 25 Oct 2017 | 07:45 Broker Forecast - Barclays Capital issues a broker note on Gem Diamonds Ltd 24 Oct 2017 | 12:00 Gem Diamonds recovers high quality 115 carat diamond 19 Sep 2017 | 07:47 FLASH: Gem Diamonds recovers high quality 115 carat diamond 19 Sep 2017 | 07:08 FTSE weaker as pound strengthens 17 Aug 2017 | 08:49 Gem Diamonds underlying earnings fall 17 Aug 2017 | 07:27 FLASH: Gem Diamonds underlying earnings fall 17 Aug 2017 | 07:10 Gem Diamonds recovers high quality 126 carat diamond 06 Jul 2017 | 08:07 FLASH: Gem Diamonds recovers high quality 126 carat diamond 06 Jul 2017 | 07:11 All resolutions passed at AGM of Gem 06 Jun 2017 | 13:52 Broker Forecast - JP Morgan Cazenove issues a broker note on Gem Diamonds Ltd 05 Jun 2017 | 10:10 Broker Forecast - JP Morgan Cazenove issues a broker note on Gem Diamonds Ltd 24 May 2017 | 12:20 Gem Diamonds recovers high quality 98.42 carat diamond 23 May 2017 | 09:38 FLASH: Gem Diamonds recovers high quality 98.42 carat diamond 23 May 2017 | 07:07 Broker Forecast - Liberum Capital issues a broker note on Gem Diamonds Ltd 10 May 2017 | 10:00 Gem Diamonds recovers high quality 80 carat diamond 04 May 2017 | 07:46 FLASH: Gem Diamonds recovers high quality 80 carat diamond 04 May 2017 | 07:15 Broker Forecast - Barclays Capital issues a broker note on Gem Diamonds Ltd 21 Apr 2017 | 13:40 Gem Diamonds appoints chairman 18 Apr 2017 | 07:46 FLASH: Gem Diamonds appoints chairman 18 Apr 2017 | 07:02 Broker Forecast - finnCap issues a broker note on Gem Diamonds Ltd 07 Apr 2017 | 08:10

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2016
31 Dec 2015
Tangible Assets
257.2
339.4
Intangible Assets & Goodwill
14.0
13.5
Investments & Other Non-Current Assets
0.7
2.8
Total Non-Current Assets
271.9
355.7
Inventory
30.9
30.3
Trade & Receivables
6.6
5.8
Cash & Receivables
30.8
85.7
Other Current Assets & Assets Held for Resale
4.6
0.3
Total Assets
344.8
477.8

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2016
31 Dec 2015
Short Term Liabilities
57.2
45.0
Long Term Liabilities
83.7
89.1
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
140.9
134.1

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2016
31 Dec 2015
Net Assets
203.8
343.8

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2016
31 Dec 2015
Share Capital
1.4
1.4
Minority Interests
70.6
59.9
Retained Earnings
-610.3
-439.8
Share Premium Account
885.7
885.7
Other Equity
-143.5
-163.4
Total Equity
203.8
343.8

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2016
31 Dec 2015
Cashflow from Operating Activities
70.7
119.1
Cashflow Before Financing
-28.3
9.5
Increase / Decrease in Cash
-57.9
-13.6

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2016
31 Dec 2015
Turnover
189.8
249.5
Cost of Sales
109.1
122.5
Gross Profit
80.8
127.0
Operating Profit
-123.9
108.4
Pre-Tax Profit
-124.1
108.6
Profit / Loss for the Year
-144.1
77.7

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
Special Dividend
12 May 2016
14 Jun 2016
H2 Dividend
12 May 2016
14 Jun 2016
H2 Dividend
07 May 2015
09 Jun 2015
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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