PDL.L - Petra Diamonds Limited

LSE - LSE Delayed Price. Currency in GBp
37.3246
+0.0246 (+0.07%)
As of 9:31AM BST. Market open.
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Previous Close37.3000
Open37.3000
Bid37.1200 x 8800
Ask37.2800 x 876700
Day's Range37.1300 - 37.7000
52 Week Range36.4000 - 81.9170
Volume283,646
Avg. Volume4,491,723
Market Cap322.984M
Beta1.10
PE Ratio (TTM)N/A
EPS (TTM)-19.4000
Earnings DateSep 17, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-10-15
1y Target Est0.85
  • Reuters22 days ago

    Petra shares drop after it cuts 2019 diamond production forecast

    The company, which has been hit by production delays, a confiscated consignment of diamonds in Tanzania and a strong South African rand, warned in May that production would be lower than expected, but did not provide a number. Petra shares fell to their lowest in more than 2-1/2 years in early trade before recovering a bit to trade down 4.2 percent at 47.93 pence at 0736 GMT. Total production rose 15 percent to 4.6 million carats, helped by the ongoing ramp-up of its new Cullinan plant in South Africa, but was still at the lower end of its forecast of 4.6-4.7 million carats.

  • Reuterslast month

    Petra Diamonds sells stake in Kimberley JV for $22 million

    Petra Diamonds (PDL.L) said it would sell its 75.9 percent stake in the business, which focuses on mining in the South African town of Kimberley, to its joint venture partner Ekapa Mining. The sale would allow Petra to focus on its Finsch and Cullinan diamond mines, reduce operational risk for the group and shore up its finances.

  • Petra Diamonds vows to regain trust after securing £127m from investors
    The Telegraph2 months ago

    Petra Diamonds vows to regain trust after securing £127m from investors

    Petra Diamonds vows to regain trust after securing £127m from investors

  • Petra Diamonds shareholders back rights issue
    Reuters2 months ago

    Petra Diamonds shareholders back rights issue

    Shareholders in mining company Petra Diamonds (PDL.L) on Wednesday approved a rights issue to raise about $170 million (127.4 million pounds) to help cut its debt burden, driving the share price around 5 percent higher. The company, which has suffered setbacks in Tanzania as well as production delays and strikes, had said there was a risk it could run low on working capital and breach its debt covenants if shareholders did not back the rights issue. The shareholders backed it by more than 99 percent at a special general meeting on Wednesday.

  • Reuters3 months ago

    Petra Diamonds says it urgently needs to raise $178 million to cut debt

    Mining firm Petra Diamonds (PDL.L) said it aims to raise $178 million (133.3 million pounds) to help cut its debt burden, and warned it could run low on working capital and breach its debt covenants if shareholders do not back the proposed rights issue. Petra, which last month finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements for this year, said it would offer new shares at 40 pence. "If the resolutions to be proposed at the special general meeting are not passed, the rights issue will not take place and the company will not receive the net proceeds from the rights issue of approximately US$170 million," Petra said in a statement announcing the new share issue.

  • Petra Diamonds battles to shore up finances with £133m cash call to investors
    The Telegraph3 months ago

    Petra Diamonds battles to shore up finances with £133m cash call to investors

    Petra Diamonds battles to shore up finances with £133m cash call to investors

  • Petra Diamonds to Raise $178 Million to Help Lower Debt
    Bloomberg3 months ago

    Petra Diamonds to Raise $178 Million to Help Lower Debt

    Petra Diamonds Ltd. plans to raise $178 million from shareholders as the southern African gem miner seeks to cut a debt load that has seen it breach its banking terms.

  • Reuters4 months ago

    Petra Diamonds secures new debt agreements with lenders

    Petra Diamonds (PDL.L) said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements for this year. Tanzania accused Petra of underdeclaring the value of the diamonds, in a move that was seen as part of the country's crackdown on the mining industry to reap more revenue from its minerals. Petra has denied any wrongdoing and has said the consignment has not been released.

  • Petra Diamonds secures new debt agreements with lenders
    Reuters4 months ago

    Petra Diamonds secures new debt agreements with lenders

    Petra Diamonds (PDL.L) said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements for this year. The London-listed miner started talks with its banks earlier this year after the confiscation of a consignment of its diamonds by Tanzania and a labor strike at its South African mines put it at risk of falling short of its loan obligations. Tanzania accused Petra of underdeclaring the value of the diamonds, in a move that was seen as part of the country's crackdown on the mining industry to reap more revenue from its minerals.

  • Francisco Garcia Parames Buys 19 Stocks in 4th Quarter
    GuruFocus.com6 months ago

    Francisco Garcia Parames Buys 19 Stocks in 4th Quarter

    Warren Buffett of Spain discloses portfolio

  • Reuters6 months ago

    Petra Diamonds shares slump after profit warning

    The profit warning comes after a string of issues at the company, including a three-week strike at its South Africa operations and the blocking of a consignment of diamonds in Tanzania that led the company to flag a possible breach of two of its debt covenants in October. Petra, which was accused of under-declaring the value of the stones, is caught up in an industry-wide crackdown by the Tanzanian government in an effort to reap more revenue from its minerals. Petra has denied this.

  • Capital Cube8 months ago

    Petra Diamonds Ltd. – Value Analysis (LONDON:PDL) : December 19, 2017

    Categories: Europe Value Analsysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Petra Diamonds Ltd. a score of 79. Our analysis is based on comparing Petra Diamonds Ltd. with the following peers – Gem Diamonds Limited, Botswana Diamonds Plc, Stellar Diamonds plc and Karelian Diamond Resources Plc (GEMD-GB, BOD-GB, STEL-GB and KDR-GB). Investment Outlook Petra Diamonds Ltd. has a ... Read more (Read more...)

  • Petra Diamonds Ltd. breached its 50 day moving average in a Bullish Manner : PDL-GB : December 18, 2017
    Capital Cube8 months ago

    Petra Diamonds Ltd. breached its 50 day moving average in a Bullish Manner : PDL-GB : December 18, 2017

    Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Petra Diamonds Ltd.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bearish ... Read more (Read more...)

  • Reuters9 months ago

    Petra Diamonds sees brighter 2018 after warning of debt breach

    A possible breach of its banking agreements does not pose a big risk to Petra Diamonds because its finances will improve following the end of a labour dispute in South Africa and the lifting of an export ban in Tanzania, its chief executive said. "We don't regard it as a high risk to the business," said Johan Dippenaar of the possible breach of loan terms, adding the mining firm was in talks with its banks on a monthly basis. London-listed Petra flagged a possible breach of two of its debt covenants in October due to a three-week strike at its South African operations and a confiscated consignment of diamonds in Tanzania.

  • Capital Cube9 months ago

    ETFs with exposure to Petra Diamonds Ltd. : November 6, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Petra Diamonds Ltd. Here are 5 ETFs with the largest exposure to PDL-GB. Comparing the performance and risk of Petra Diamonds Ltd. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)

  • Petra Diamonds Ltd. :PDL-GB: Earnings Analysis: For the six months ended June 30, 2017 : November 2, 2017
    Capital Cube9 months ago

    Petra Diamonds Ltd. :PDL-GB: Earnings Analysis: For the six months ended June 30, 2017 : November 2, 2017

    Categories: Yahoo FinanceGet free summary analysis Petra Diamonds Ltd. reports financial results for the half-year ended June 30, 2017. Highlights Summary numbers: Revenues of GBP 197.32 million, Net Earnings of GBP -7.54 million. Gross margins narrowed from 31.89% to 8.73% compared to the same period last year, operating (EBITDA) margins now 28.53% from 40.45%. Change in operating ... Read more (Read more...)

  • Capital Cube10 months ago

    ETFs with exposure to Petra Diamonds Ltd. : October 26, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Petra Diamonds Ltd. Here are 5 ETFs with the largest exposure to PDL-GB. Comparing the performance and risk of Petra Diamonds Ltd. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)

  • Petra Diamonds revenue takes hit from Tanzania crackdown
    Reuters10 months ago

    Petra Diamonds revenue takes hit from Tanzania crackdown

    The owner of the Cullinan mine in South Africa has been hit by a crackdown on mining firms in Tanzania, where the government is attempting to secure more revenue from the sector. The Tanzanian government confiscated a consignment of diamonds from the Williamson mine, which is majority-owned by Petra, alleging the company had under-declared the value of the stones by about half. Petra has denied the charge.

  • Reuters10 months ago

    Petra Diamonds revenue takes hit from Tanzania crackdown

    Petra Diamonds Ltd's first quarter revenue fell by 17 percent after the government of Tanzania last month seized a consignment of diamonds from its Williamson mine. The owner of the Cullinan mine in South Africa has been hit by a crackdown on mining firms in Tanzania, where the government is attempting to secure more revenue from the sector. The Tanzanian government confiscated a consignment of diamonds from the Williamson mine, which is majority-owned by Petra, alleging the company had under-declared the value of the stones by about half.