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Gem Diamonds

Current Price 115.38p Bid 113.00p Ask 116.50p Change -2.34%
Last Updated: 17/10/2018 10:59. 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 31/12/2017

Turnover
£214.30m
Operating Profit
£34.11m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
29.38

Stock Details

EPIC
GEMD
ISIN
VGG379591065
Shares in Issue
138,777,110
Market cap
£163.06m
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
114.75p
Bid Price
113.00p
Ask Price
116.50p
Volume
1639
Change Today
-2.75p
% Change Today
-2.34%
Open
111.80p
Previous Close
117.50p
Intraday High
116.50p
Intraday Low
111.80p
52 Week High
125.00p
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

Broker Forecast - Barclays Capital issues a broker note on Gem Diamonds Ltd 12 Oct 2018 | 09:30 Broker Forecast - Berenberg issues a broker note on Gem Diamonds Ltd 20 Sep 2018 | 08:10 Gem Diamonds profit boosted by monster diamond sale 05 Sep 2018 | 14:43 Broker Forecast - Liberum Capital issues a broker note on Gem Diamonds Ltd 05 Sep 2018 | 09:00 Gem Diamonds recovers 138 carat diamond in Lesotho 15 Aug 2018 | 14:02 Broker Forecast - JP Morgan Cazenove issues a broker note on Gem Diamonds Ltd 06 Aug 2018 | 13:20 Gem Diamonds says record 100+ carat diamonds recovered in H1 03 Aug 2018 | 10:05 Broker Forecast - Barclays Capital issues a broker note on Gem Diamonds Ltd 18 Jul 2018 | 09:10 Broker Forecast - Citigroup issues a broker note on Gem Diamonds Ltd 11 Jun 2018 | 12:30 Broker Forecast - Liberum Capital issues a broker note on Gem Diamonds Ltd 08 Jun 2018 | 08:20 Gem Diamonds recovers 115 carat gem in Lesotho 22 May 2018 | 14:20 Gem Diamonds appoints Johnny Velloza as deputy CEO 02 May 2018 | 13:09 Gem Diamonds profit sinks as costs soar 14 Mar 2018 | 14:04 Fifth-biggest diamond every recovered fetches $40m 13 Mar 2018 | 14:34 Gem Diamonds recovers 152 carat white diamond in Lesotho 07 Mar 2018 | 14:05 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

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Tangible Assets
305.5
257.2
Intangible Assets & Goodwill
15.4
14.0
Investments & Other Non-Current Assets
0.0
0.7
Total Non-Current Assets
321.0
271.9
Inventory
34.1
30.9
Trade & Receivables
7.8
6.6
Cash & Receivables
47.7
30.8
Other Current Assets & Assets Held for Resale
2.1
4.6
Total Assets
412.6
344.8

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Short Term Liabilities
37.7
57.2
Long Term Liabilities
130.8
83.7
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
168.5
140.9

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Net Assets
244.2
203.8

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Share Capital
1.4
1.4
Minority Interests
85.8
70.6
Retained Earnings
-604.9
-610.3
Share Premium Account
885.7
885.7
Other Equity
-123.8
-143.5
Total Equity
244.2
203.8

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Cashflow from Operating Activities
97.4
70.7
Cashflow Before Financing
-3.8
-28.3
Increase / Decrease in Cash
13.7
-57.9

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Dec 2017
31 Dec 2016
Turnover
214.3
189.8
Cost of Sales
149.8
109.1
Gross Profit
64.5
80.8
Operating Profit
34.1
-123.9
Pre-Tax Profit
30.3
-124.1
Profit / Loss for the Year
17.2
-144.1

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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