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GEMD Gem Diamonds Limited

11.00
0.00 (0.00%)
Last Updated: 15:35:30
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Gem Diamonds Limited GEMD London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 11.00 15:35:30
Open Price Low Price High Price Close Price Previous Close
11.00 11.00 11.00 11.00
more quote information »
Industry Sector
MINING

Gem Diamonds GEMD Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
17/03/2022FinalUSD0.02719/05/202220/05/202221/06/2022
11/03/2021FinalUSD0.02513/05/202114/05/202115/06/2021

Top Dividend Posts

Top Posts
Posted at 23/12/2024 13:50 by findingways100
dcroston

big difference in market cap aswell gemfields £80million market cap but GEMD £12million market cap and profitable

buy out target?
Posted at 23/12/2024 12:58 by dcroston
Chris,

This may interest you. Of the 4 diamond mines in Lesotho, two of three are under C&M and one has reduced its mining operation. Only GEMD are fully operational and profitable even under significant constraints of diamond prices and diamond industry generally.

Make of that what you will.
Posted at 29/11/2024 08:41 by mindthestash
Investor presentation
Should be interesting
Friday, 29 November 2024



Gem Diamonds Limited

Investor update



Gem Diamonds Limited (LSE: GEMD) ("Gem Diamonds", the "Company" or the "Group") Investor Update



The Company will host an investor update presentation focused on the outlook for 2025 via live audio webcast on Tuesday, 3 December 2024 at 9:30 GMT. Please use the following link to register for the presentation:

hxxps://gemdiamonds.zoom.us/webinar/register/.



Company website: www.gemdiamonds.com



The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67



FOR FURTHER INFORMATION:

Gem Diamonds Limited

Kiki Constantopoulos, Company Secretary

ir@gemdiamonds.com



Celicourt Communications

Mark Antelme / Felicity Winkles

Tel: +44 (0) 207 777 6424
Posted at 28/11/2024 11:39 by swinsco
10p hit today. Thought that could happen but crazy when you think about the last 2 updates Gemd have released. UK market sucks.
Posted at 23/10/2024 06:18 by swinsco
Marvellous. Short but impressive. https://www.ticker.app/lse/GEMD/rns/2024-10-23/Q3-2024-Trading-Update/1926J
Posted at 25/9/2024 17:04 by dcroston
Yes, interesting.

Same applies to ME countries selling oil, they'll have to diversity away from fossil fuels.


Three of the four diamond mines in Lesotho are on C&M. It's a tough market and only the leanest and most successful companies will survive. I happen to think GEMD are in a stronger position than most.

I have no idea what the longevity of the diamond market is but people will continue to demand real diamonds while those that don't want to spend as much on a e.g. diamond ring will purchase lab grown diamonds.
Posted at 24/9/2024 14:36 by mindthestash
Thanks DCR. I see what you mean re small fry for them = big stake in gemd.

Their investment criteria to build up a 16% stake. They must have had something cooking, perhaps it was just a speculative punt thinking at some point gemd will be swallowed up by a bigger fish?
Posted at 24/9/2024 13:41 by dcroston
I deleted an earlier post, I was badly explaining something.

What I was trying to explain is that for a 2 billion fund manager like SC selling a few % of GEMD is probably normal risk management, and they may not have an agenda beyond that.
Posted at 24/9/2024 13:32 by dcroston
MTT,

Sustainable Cap selling a few % of GEMD is nothing in relative terms in comparison to the amount of money that Sustainable fund manage. It's really not here or there to them.
Posted at 07/8/2024 13:07 by dcroston
Does any other diamond mining company find as many big stones as Gem Diamonds?

One week to go until an update, should be interesting I think.

GEMD certainly in a much better position than if they hadn't found all those large stones that according to some on here they wouldn't be able to do.

Not a single outage from Escrom either.

Question is, when will the share price reflect the results?

Yes, I know the diamond market isn't in the best shape but GEMD are doing rather well and the share price has yet to reflect this.

Oh, well....roll on next week for the update.

One more big stone would be very nice too before results, perhaps a fancy red or blue one....you never know.

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