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Gem Diamonds Limited (LSE:GEMD, OTC:GMDMF) shares saw a significant upward movement on Thursday following the release of its half-year results and a firm 'buy' reiteration from Panmure Liberum. The shares traded up 70% to 11p as the broker held its 'buy' stance and 13p target price, digesting...
Shares in Gem Diamonds Limited (LSE:GEMD, OTC:GMDMF)) fell 18% to 3.78p on Wednesday after the company reported a $104 million attributable loss for 2025, driven by a $77.5 million writedown of the carrying value of its Letšeng mine in Lesotho. Revenue fell to $98.4 million from $154.2...
Gem Diamonds Limited shares jumped some 36% in Wednesday's early trades after it told investors that all of its FY2025 operational metrics were “within or ahead of the revised guidance”. The gem miner, reporting operational and sales results for the quarter ended 31 December, said it...
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