Share Prices & Company Research

Stockbroking

Petra Diamonds

Current Price 8.15p Bid 8.15p Ask 8.20p Change -4.23%
Last Updated: 21/09/2019 09:46. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Petra Diamonds Limited is a leading independent diamond mining group and a consistent supplier of gem quality rough diamonds to the international market. The Company has a diversified portfolio incorporating interests in three underground producing mines in South Africa (Finsch, Cullinan and Koffiefontein) and one open pit producing mine in Tanzania (Williamson). It also maintains an exploration programme in Botswana and South Africa, which is currently under review. Petra's strategy is to focus on value rather than volume production by optimising recoveries from its high quality asset base in order to maximise their efficiency and profitability. The Group has a significant resource base of ca. 290 million carats, which supports the potential for long-life operations. Petra conducts all operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. The Company aims to generate tangible value for each of its stakeholders, thereby contributing to the socio-economic development of its host countries and supporting long-term sustainable operations to the benefit of its employees, partners and communities.

Financial Highlights Year Ended 30/06/2019

Turnover
£463.60m
Operating Profit
£-200.50m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
-0.33

Key Personnel

Richard Duffy
Chief Executive Officer
Jacques Breytenbach
Chief Financial Officer
Adonis Pouroulis
Non-Executive Chairman
Octavia Matshidiso Matloa
Non-Executive Director
Anthony Carmel Lowrie
Non-Executive Director
Alexander Gordon Kelso Hamilton
Non-Executive Director
Dr Patrick John Bartlett
Non-Executive Director
Bernard Robert Pryor
Non-Executive Director
Varda Shine
Non-Executive Director

Stock Details

EPIC
PDL
ISIN
BMG702781094
Shares in Issue
865,336,485
Market cap
£73.64m

Analyst Views (5)

Strong Buy
 
40.00%
Buy
 
0.00%
Hold
 
40.00%
Sell
 
0.00%
Strong Sell
 
20.00%
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
8.15p
Bid Price
8.15p
Ask Price
8.20p
Volume
48906209
Change Today
-0.36p
% Change Today
-4.23%
Open
8.60p
Previous Close
8.15p
Intraday High
8.82p
Intraday Low
7.80p
52 Week High
46.10p
52 Week Low
6.92p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Petra Diamonds Intra-day Chart

Petra Diamonds News

News in this section is provided by AJ Bell

Petra Diamonds losses deepen thanks to asset writedowns 16 Sep 2019 | 07:57 Broker Forecast - JP Morgan Cazenove issues a broker note on Petra Diamonds Ltd 13 Sep 2019 | 10:40 Broker Forecast - JP Morgan Cazenove issues a broker note on Petra Diamonds Ltd 13 Sep 2019 | 09:30 Petra Diamonds reassures market after share price weakness 30 Jul 2019 | 09:31 Broker Forecast - Barclays Capital issues a broker note on Petra Diamonds Ltd 23 Jul 2019 | 09:20 Petra Diamonds annual revenue falls 6% in weaker gem market 22 Jul 2019 | 07:34 Broker Forecast - JP Morgan Cazenove issues a broker note on Petra Diamonds Ltd 05 Jul 2019 | 09:30 Broker Forecast - Barclays Capital issues a broker note on Petra Diamonds Ltd 04 Jul 2019 | 10:00 Broker Forecast - Liberum Capital issues a broker note on Petra Diamonds Ltd 02 Jul 2019 | 10:40 Broker Forecast - RBC Capital Markets issues a broker note on Petra Diamonds Ltd 24 Jun 2019 | 08:30 Director Deals - Petra Diamonds Ltd (PDL) 07 Jun 2019 | 17:20 Broker Forecast - Goldman Sachs issues a broker note on Petra Diamonds Ltd 05 Jun 2019 | 11:30 Petra Diamonds sells giant gem for almost $15m 14 May 2019 | 14:34 Petra Diamonds amends debt covenants for South African loans 26 Apr 2019 | 14:34 Broker Forecast - Berenberg issues a broker note on Petra Diamonds Ltd 23 Apr 2019 | 11:50 FTSE 100 struggles for direction as Goldman posts profit plunge 15 Apr 2019 | 16:38 Petra Diamonds output, revenue falls in third quarter 15 Apr 2019 | 07:33 Broker Forecast - Barclays Capital issues a broker note on Petra Diamonds Ltd 12 Apr 2019 | 09:40 Broker Forecast - Berenberg issues a broker note on Petra Diamonds Ltd 02 Apr 2019 | 12:40 Broker Forecast - Berenberg issues a broker note on Petra Diamonds Ltd 27 Mar 2019 | 09:10 Petra Diamonds recovers 101 carat gem in South Africa 08 Mar 2019 | 14:11 Broker Forecast - Goldman Sachs issues a broker note on Petra Diamonds Ltd 22 Feb 2019 | 13:50 Broker Forecast - Berenberg issues a broker note on Petra Diamonds Ltd 19 Feb 2019 | 11:10 UK stocks open 0.3% lower as pound perks up 18 Feb 2019 | 09:04 UK stocks open 0.3% lower as pound perks up 18 Feb 2019 | 09:04 Petra Diamonds books first-half loss; CEO to stand down 18 Feb 2019 | 07:29 Broker Forecast - JP Morgan Cazenove issues a broker note on Petra Diamonds Ltd 31 Jan 2019 | 13:10 Broker Forecast - Berenberg issues a broker note on Petra Diamonds Ltd 29 Jan 2019 | 12:00 Broker Forecast - Barclays Capital issues a broker note on Petra Diamonds Ltd 29 Jan 2019 | 10:30 Broker Forecast - RBC Capital Markets issues a broker note on Petra Diamonds Ltd 28 Jan 2019 | 14:40

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Tangible Assets
967.8
1,244.2
Intangible Assets & Goodwill
0.0
0.0
Investments & Other Non-Current Assets
119.7
85.0
Total Non-Current Assets
1,087.5
1,329.2
Inventory
85.6
78.1
Trade & Receivables
34.4
99.4
Cash & Receivables
85.2
236.0
Other Current Assets & Assets Held for Resale
0.6
46.5
Total Assets
1,293.3
1,789.2

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Short Term Liabilities
100.5
284.4
Long Term Liabilities
866.7
910.4
Other Liabilities / Pension etc
0.0
27.8
Total Liabilities
967.2
1,222.6

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Net Assets
326.1
566.6

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Share Capital
133.4
133.4
Minority Interests
14.4
11.2
Retained Earnings
-255.6
-30.4
Share Premium Account
790.2
790.2
Other Equity
-356.3
-337.8
Total Equity
326.1
566.6

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Cashflow from Operating Activities
99.0
67.9
Cashflow Before Financing
-38.9
-134.0
Increase / Decrease in Cash
-141.6
35.7

Income (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Turnover
463.6
495.3
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
-200.5
0.8
Pre-Tax Profit
-254.0
-85.0
Profit / Loss for the Year
-208.2
-203.1

Dividend History

Data has been provided by AJ Bell

Period
Ex-Dividend Date
Payment Date
H2 Dividend
15 Oct 2015
07 Dec 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.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.