Share Name Share Symbol Market Type Share ISIN Share Description
Gemfields Group Limited LSE:GEM London Ordinary Share GG00BG0KTL52 ORD USD0.00001
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 13.25 33,388 08:00:00
Bid Price Offer Price High Price Low Price Open Price
13.00 13.50 13.25 13.25 13.25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 34.57 -99.20 -7.00 155
Last Trade Time Trade Type Trade Size Trade Price Currency
12:04:40 O 22,388 13.40 GBX

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Gemfields Daily Update: Gemfields Group Limited is listed in the Mining sector of the London Stock Exchange with ticker GEM. The last closing price for Gemfields was 13.25p.
Gemfields Group Limited has a 4 week average price of 12.25p and a 12 week average price of 12.25p.
The 1 year high share price is 15.70p while the 1 year low share price is currently 6.50p.
There are currently 1,169,478,030 shares in issue and the average daily traded volume is 92,122 shares. The market capitalisation of Gemfields Group Limited is £154,955,838.98.
saracen3: A buyer just picked up a line of 6% of the company in SA at a price of 16p, against current price of 12.5p. Likes like Assore is the buying and a bid is more than likely.
tictac: If only GEM had better management. Very frustrating to be a shareholder. Some small chance of a takeover, but that's as exciting as it gets.
fillipe: A 42p tp on GEM, per finnCap. So, quite a steal at the current slightly sub-12p to buy. f
hazl: Midus what was the float price do you know?
darias: I have no idea. However, at the time of their last news report (1/11/16) around 6 million shares were traded at a relatively low price of around 48p several trades of over 2 million. There was a news release that Janet Boyce had joined the board. (See below) She was already CFO. Perhaps in the deeply masculine world of gemstones and the stock market there was an aversion to a female board member and that brought on the selling. There was no RNS as to who had sold/bought the shares that were traded that day although over 2% of the stock was traded and over 80% was traded at the selling price. Perhaps the mms took the stock but now their reserves of stock are a bit thin. There was comparatively heavy trading last week. We have held since July last year at 61p so any tick up is good news. RNS Number : 9888N Gemfields PLC 01 November 2016 Gemfields plc ("Gemfields" or the "Company") Board changes 1 November 2016 Gemfields plc (AIM: GEM) is pleased to announce that, further to the announcement of 18 October 2016, the Company has appointed Janet Boyce to the Board as a Director with immediate effect. The appointment continues in her existing capacity as Chief Financial Officer ("CFO"). Ian Harebottle, CEO, said: "I am delighted that Janet is joining the Board. She has built a strong track record ever since she joined the Gemfields Group and has a robust insight into the manifold aspects of our business. Her positive, dynamic and thorough approach will further enhance the well-established proficiencies of our experienced and long-standing Board." Janet Hernandez Blas Boyce, aged 35, is the CFO of Gemfields plc, having joined the Company in August 2013. Janet is a Certified Public Accountant and holds a BS in Accountancy. Janet is, or has been, a director or partner of the following companies or partnerships during the previous five years: Current (all are Gemfields plc group entities) Gemfields Spain SL Campos de la Gema SAS Green Bright Resources SAS ISAM Colombia SAS Colombia Royal Emerald S.A.S New Muzo Emerald Resources S.A.S Itoco Green Stone S.A.S Itoco Emerald S.A.S Green River Stone S.A.S Emerald Global Resources S.A.S La Niña Resources S.A.S Muzo Bright Emerald S.A.S Rio Minero Emerald S.A.S Gemmountain Capital S.A.S Greengems of Muzo S.A.S The Coscuez Emerald Company S.A.S The Muzo Emerald Stone Holding S.A.S La Linda Resources S.A.S Blue Sky Emerald S.A.S Osiris Muzo Emerald S.A.S Green Mining River S.A.S Gachala Ubala Stone S.A.S Columbia Smart Capital Resources S.A.S Green Rock Resources S.A.S La Pinta Resources S.A.S Santa María Resources S.A.S Stone Golden Capital S.A.S Colombia una Gema para el Mundo S.A.S West Wind Resources S.A.S Stone Diamond S.A.S La Pepa S.A.S Gemriti Limited Eastern Ruby Mining Limitada Gemfields Singapore Pte Ltd Gemholds Ltd Hagura Mining Ltd Gemholds Brazil Ltd Island HoldCo Ltd Forest HoldCo Ltd Peninsula HoldCo Ltd Gemholds Ethiopia Ltd Gemholds Colombia Ltd Faberge (UK) Limited Gemfields USA Inc Previous None Save as set out above there are no other disclosures in respect of the appointment of Janet Boyce that need to be made under Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.
davebowler: Aberdeen Frontiers I.T. view; Gemfields plc (0.6% of NAV), the London-listed miner of coloured gemstones in Zambia and Mozambique, published a market update for the quarter to 30th June 2016, and will soon release annual results to the same date. When published, they will disclose stable production of emeralds over the year (30mn carats, making their Kagem mine in Zambia by far the largest in the world), 23% growth in production of rubies (to 10.3mn carats), stable unit costs and strong auction results (auction revenue of $174mn for the year with stable pricing in emeralds and a strong rise in average per carat price achieved for rubies). With new financing in place to ramp up ruby production, the company continues to make great strides towards its ambition of becoming “the De Beers of coloured gemstones”. The recent rally in the global mining sector has yet to reach Gemfields, but with strong fundamentals and being deeply undervalued (Gemfield’s shares trades on 0.35X P/NAV, 4.5X 2016 EV/EBITDA and the company holds inventory and cash that exceeds its current market cap by a significant margin), we believe the current share price in no way fully reflects the company’s potential.
dice1950: !YOUTUBEVIDEO:7s_vgXaALB0: uying a stock like Gemfields(LSE: GEM) could be a shrewd move. the Africa-focused coloured gemstone specialist is forecast to deliver an increase in earnings of 328% in the next financial year. This rate of growth doesn’t yet appear to have been priced-in by the market, since Gemfields trades on a price-to-earnings growth (PEG) ratio of just 0.1 following its share price fall of 12% since the turn of the year. Clearly, there’s scope for a downgrade to Gemfields’ outlook and commodity prices will continue to fluctuate. However, with such a wide margin of safety its shares could perform exceptionally well, even if its outlook deteriorates. Gemfields could be worth buying for long-term investors. http://money.aol.co.uk/2016/06/29/royal-dutch-shell-plc-and-gemfields-plc-the-perfect-resources-partnership/ Gemfields https://gemfields.co.uk/ Gemfields is the world's leading producer of ethically-sourced rare coloured gemstones. Peel Hunt upgraded Gemfields (LON:GEM) target to 78p from 70p, ‘buy’ 13th July 2016 http://www.proactiveinvestors.co.uk/columns/broker-spotlight/25462/liberum-says-accept-attractive-offer-for-poundland
ukgeorge: and share price Angels view, Gemfields (GEM LN) 45 pence, Mkt Cap £245m – Lusaka Emerald and Amethyst auctions. • Gemfields has announced the results of its recent auction held in Lusaka between 30th March to 3rd April. The emerald auction realised US$33.1m from the sale of 469,000 carats of high quality emeralds. The auction had offered a total of 0.56m crats of emeralds for sale of which 89% were sold. • The average sale price of US$70.68/ct represents a new record, approximately 21% higher than the US$58.42/ct realised at the previous auction held in Singapore in early September 2015 and approximately 39% above the average US$51/ct realised from the sale of 3.2m carats in the preceding 5 auctions. • As well as emeralds, higher quality amethyst from Kariba Minerals operation (50% owned by Gemfields) were also sold in Lusaka. The auction realised a total of US$0.22m on the sale of 6.6m carats (an average price of US$3.26/ct) with 70% of the 9.4m carats offered being sold. • The next auction is expected to take place in Jaipur during May and is “anticipated to be predominantly comprised of lower quality emerald and beryl from the Kagem emerald mine in Zambia.” • CEO, Ian Harebottle, commented “Demand for – and prices of – emeralds clearly remain as robust as ever and gemstone mining represents one of the healthier segments of the sector. We’re delighted that, in collaboration with our partners, the Government of the Republic of Zambia, the Kagem and Kariba operations continue to perform strongly.” Conclusion: Gemfields’ emeralds are attracting robust prices. The company is indicating that its next sale in Jaipur in May is of the lower quality stones, perhaps in part representing that portion of the Lusaka offering which did not sell, so we would not expect to see the record prices of the Lusaka sale repeated in Jaipur, nonetheless, Gemfields has established a solid market presence.
hazl: Sometimes less is more and every now and then I do a spate of research to see if my investment is still up to scratch. The stock market is always about the future as opposed to accounting,say,which is about the past and so what conclusions have I arrived at about Gemfields GEM? Well despite the share price haven risen considerably for me last year.... 'At 48.65p, Gemfield’s share price has risen 47% so far in 2014, versus an AIM All-Share index that’s fallen 9% in that period. And over the past 5 years Gemfields has absolutely smashed the index, with a share price that’s increased 544%, compared to the AIM All-Share’s 24% gain.' http://www.fool.co.uk/investing/company-comment/2014/09/15/gemfields-plc-announces-sri-lankan-sapphire-joint-venture/ The foresasts on digital look show growing ptp Forecast Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield 2014-06-30 96.66 21.91 1.06p 49.5 n/a 0% 0.00p 0.0% 2015-06-30 119.06 33.22 2.42p 21.0 0.3 82% 0.00p 0.0% 2016-06-30 140.10 49.48 4.02p 14.1 0.2 66% 0.00p 0.0% and Peel Hunt give a 69-114p share price target possibility if Montepuez moves up to full scale production. and Pallinghurst give a positive outlook 'Outlook Gemfields continues to see increases in demand and prices for its ethically sourced emeralds and expects this trend will continue. The auctions of traded gemstones offer another opportunity to increase revenues while establishing Gemfields as a global marketing channel for gemstones generally. Gemfields is well-positioned to build on its strong position in emeralds and use this to its advantage in developing its new ruby and Fabergé businesses so to entrench itself as the world leader in coloured gemstones.' There is quite a bit of news to expect as early as later this month so I am concluding that it is a good investment. Good luck folks! IMO
hazl: plays to dazzle By Harriet Mann | Fri, 5th September 2014 - 18:03 London's larger diamond producers have done well over the past 12 months, and with geopolitical events increasing the need for an alternative currency and increasing diamond demand outstripping diminishing supply, there is further significant upside for the industry say insiders. Conditions have certainly improved since the post-Lehman slump. But it's been a real “rollercoaster ride" since 2008, says Bain & Co, with prices plummeting a year later before rebounding in 2010-2011. So far this year, prices are up 18%, according to data from Allenby Capital. The mining sector as a whole bottomed out in July last year, and although Allenby's James Rose does not expect it to re-rate just yet, he is upbeat on the vast potential of certain companies. "There no longer appears to be a net downward trend in mining stocks, thus enabling companies with positive news flow to actually realise share price gains, rather than such events merely being used to clear overhanging positions," he says. Diamonds - an alternative to gold There are three types of diamond; industrial diamonds, exceptional diamonds and those sold to retailers through their colour, clarity and carat. Assessing the health of the diamond industry is far more difficult than for the oil and gas sector for which spot prices are widely available online. There are alternatives, like Rapaport (link), but it is this lack of price transparency that Philip Manduca, the new executive chairman at Paragon Diamonds, believes is the industry's biggest issue. That aside, the investment case for diamonds is not new, so why should investors be bullish on the stones now? Manduca says it is down to the growing uncertainty around global geopolitics, "weak politics and weak leadership." Religious warfare and significant youth unemployment in Europe don't help. "There are problems just about everywhere on the planet," he laments. "In that environment you have got to look at investments that can secure one's wealth and provide returns on one's investment. And it is hard to see why diamonds won't be one of the more optimal ways to do that, not least because we are in a period where I think history will look back at the current era of monetary policy and describe it as crazy, where money is being printed at will and central banks are buying government debt. Just because it is acceptable now, doesn't mean it is right." When considering hard assets, many investors immediately think gold is the best way to get exposure. But Manduca disagrees, not least because of its connection to the banking system. "Generally you will hold gold in a bank, if you want to transfer gold you can't draw up with a truck outside, you tend to have to move it from one bank to another, typically electronically. The reason for holding gold is that you probably don't trust the bank in the first place. So it really is a difficult, practical currency. Diamonds on the other hand are extremely mobile. They can remain and be stored outside of the banking system they have a proven currency track record going back 600 years." How to time your investment Investing in equities, especially commodity-focused stocks, is so often about timing. For mining firms, investors are advised to buy in before a project is fully-funded to production, as those that aren't typically trade at a 70% discount to project equity value, says Rose. Investors should also consider investing before a pre-feasibility study is published and after the project has been de-risked, but it should be close to maiden cash flows and you should be confident of the firm securing finance, he adds. Rose reckons that of the circa 135 million carats produced in 2013, 70% were from just 15 mines around the world, owned by just four companies and two state-dominated joint ventures. He predicts production to rise at 4.8% per year to 2018 after which output will begin to fall. Manduca is upbeat on the market, especially since De Beer's has loosened its grip on the market: "There isn't a manipulation of the market. There are too many producers, there is no monopoly." And it is because of this scarcity of mines that prices are going north. Producers have to dig deeper, increasing capital expenditure costs. And Asian demand does looks unlikely to slow any time soon. Between 2007 and 2012, middle income households in China and India grew at a compound annual growth rate (CAGR) of 23% and 9% respectively, and the trend is set to continue. That means demand is growing, too - Bain & Co predicts a CAGR for global rough diamond demand of just over 5% between 2012 and 2023 to $26 billion. It's a more modest $17 billion this year. So with the supply and demand story supporting Manduca's long-term view on the diamond industry, Interactive Investor has taken a look at five ways investors can gain exposure to the theme. Paragon Diamonds (PRG) With the appointment of Manduca as chairman of Paragon (PRG), the Africa-focused firm is to undergo a transition to become a "vertically integrated miner," where its reach will extend from production to retail marketing in order to benefit from the expected increase in price. In another move to boost investor accessibility to the stone, Paragon plans to launch an investment fund, possibly within the next 2-3 years. It is also going against the grain, being run by businessmen instead of miners, and Manduca reassures the market that paying management in shares rather than cash will work for in favour of market value rather than their own pockets in the short-term. Paragon's main asset is the Lemphane kimberlite diamond project in Lesotho, southern Africa, which currently has an in-house estimated value of between $900 million and $1.4 billion. Stage one production is expected to start in the first half of 2015. By the end of next week (12 September 2014), Manduca will have confirmed the exact day the plant will be commissioned, currently expected to be 1 February. Stage one is expected to cost up to $10 million to develop, with operating costs of $10 per tonne. Revenues are expected to reach up to $20 million in two years. Talks are on-going to secure financing for the project. Petra Diamonds (PDL) Concerns over the health of Petra Diamonds' (PDL) balance sheet and whether it can fund its capital programmes have been put to one side following a strong financial performance. The discovery of high-value stones, especially a 122 carat blue diamond worth up to $45 million, helped. This improvement has seen its free cash flow yield shrink, with positive yield expected in 2015, supporting Petra's aim of returning cash to shareholders in 2016. Investec Securities pencils in a 2.4% dividend yield. The miner has controlling interests in six producing mines - one in Tanzania and five in South Africa -with the vast majority of its asset value in Cullinan and Finsch. Although improving, weaker grades and rising costs at the historic Cullinan mine forced Investec to lower cash profit forecasts to $232 million, with earnings per share (EPS) falling to 21 cents. But the broker still believes the bullish diamond market could make $495 million in 2017, giving EPS of 47.7 cents. Investec has a 'buy' recommendation on the stock with a 245p target price, underpinned by the positive diamond market. After the downgrade, Petra trades on nearly 25 times forward earnings and on an enterprise value-to-cash profits (EV/EBITDA) multiple of 5.2 times. Gem Diamonds (GEMD) On Friday, Gem Diamonds (GEMD) announced that its Ghaghoo mine in Botswana, the first underground mine in the country, had been officially opened. Production should hit a rate of 60,000 tonnes a month by December 2014, with first sales expected by the end of the year. Gem also joins Paragon in Lesotho, where it operates the 70% owned Letseng mine, which is pegged to produce up to 100,000 tonnes this year. Letseng is well known for its large, high value diamonds. But Westhouse Securities warns that the bulk of the company's revenue comes from these big finds, so income is lumpy. After impressive first-half results, Gem looks on track to introduce its maiden dividend at the end of this year, especially with the strong cash flow generation it displayed in the period. While Westhouse maintains its 235p target price, it has lowered its guidance to 'add' from 'buy', due to recent share price strength, which saw it rally by 40% since mid-June. With EPS expected to double to 31.8 cents, the stock is trading on a price/earnings (P/E) multiple of 11.2 times, with an EV/EBITDA ratio of 3.2. Gemfields (GEM) Claiming a more responsible approach, Gemfields (GEM) sources emeralds and rubies from its operations in Zambia and Mozambique. After a tough 2013, things are looking up for the firm, with Investec expecting revenue to more-than double to $149.5 million, with EBIDTA reaching just under $50 million from $1.1 million last year. This will push its EPS into the black, at 0.2 cent, and a forward P/E of 397 is expected to normalise by 2015, at 13.1, dropping to less than 7 in 2016. Gemfields produced 6.3 million carats of emeralds in its fourth quarter, which although was down nearly a third on the year, was up 75% quarter-on-quarter. And this "gave no major cause for concern since the nature of the asset base typically delivers considerable volatility," said Investec. With cash of $36.7 million and debt of $16.7 million, Gemfields' balance sheet is healthy, and although the broker trimmed its price target to 55.6p, it reiterated its 'buy' recommendation. http://www.uk.news.voxquo.com/noticia-detalhe-media.asp?id=297035&t=Five-diamond-plays-to-dazzle
Gemfields share price data is direct from the London Stock Exchange
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