|Bid||0.00 x 102900|
|Ask||0.00 x 100300|
|Day's Range||102.00 - 110.00|
|52 Week Range||80.00 - 125.00|
|Beta (3Y Monthly)||0.15|
|PE Ratio (TTM)||4.47|
|Earnings Date||Mar 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.72|
The average price of diamonds found was just $1,259 per carat in the fourth quarter, almost half the value for the full year, according to Gem Diamonds Ltd., which runs the mine. While that’s still the highest in the industry, it shows that the mine had a significant drop in finding the most precious stones. At the same time, several producers from Petra Diamonds Ltd. to Mountain Province Diamonds Inc. are finding stones worth less than they expected.
After Gem Diamonds Limited's (LON:GEMD) recent earnings announcement in June 2018, analyst consensus outlook appear pessimistic, with earnings expected to decline by -16% in the upcoming year. Though compared to Read More...
Gem Diamonds Limited (LON:GEMD) is a small-cap stock with a market capitalization of UK£156m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they Read More...
Gem also raised its diamond sales target to be between 118,000 carats to 122,000 carats in 2018, compared to a previous forecast of 112,000 carats to 116,000 carats. Gem Diamonds recovered 35,755 carats during the quarter ended Sept. 30, higher than the 30,774 carats in the year-ago quarter, while diamond sales jumped 16.9 percent to 30,275 carats.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
I am writing today to help inform people who are new to the stock market and want to start learning about core concepts of fundamental analysis on practical examples fromRead More...
Gem Diamonds said average prices jumped 54.1 percent year-on-year to $2,742 per carat for diamonds mined out of the Letseng mine. The mine recovered 10 diamonds greater than 100 carats, setting a record, Gem Diamonds said, as the company undertook measures last year to unlock additional value at the mine.
A small diamond miner that digs the world’s most valuable gems from a mountainous African kingdom has never found so many of the giant stones it specializes in.
I am going to run you through how I calculated the intrinsic value of Gem Diamonds Limited (LON:GEMD) by taking the expected future cash flows and discounting them to today’sRead More...