LON:GEMD Gem Diamonds (GEMD) Share Forecast, Price & News GBX 23.35 +0.95 (+4.24%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range 22.40▼ 23.7050-Day Range 22.40▼ 2852-Week Range 22▼ 54.60Volume80,311 shsAverage Volume103,044 shsMarket Capitalization£32.55 millionP/E Ratio389.17Dividend Yield8.57%Price TargetGBX 42.50 ProfileProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlinesProfileAnalyst RatingsChartCompetitorsInsider TradesHeadlines Gem Diamonds MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside82.0% UpsideGBX 42.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.46 out of 5 stars 3.3 Analyst's Opinion Consensus RatingGem Diamonds has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of GBX 42.50, Gem Diamonds has a forecasted upside of 82.0% from its current price of GBX 23.35.Amount of Analyst CoverageGem Diamonds has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for GEMD. Previous Next 1.7 Dividend Strength Dividend LeadershipGem Diamonds is a leading dividend payer. It pays a dividend yield of 7.51%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGem Diamonds does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Gem Diamonds is 3,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GEMD. Previous Next 1.2 News and Social Media Coverage News SentimentGem Diamonds has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.31 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Gem Diamonds this week, compared to 3 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gem Diamonds insiders have not sold or bought any company stock.Percentage Held by Insiders22.98% of the stock of Gem Diamonds is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions63.19% of the stock of Gem Diamonds is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Gem Diamonds is 389.17, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 139.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Gem Diamonds is 389.17, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 94.94.Price to Earnings Growth RatioGem Diamonds has a PEG Ratio of 0.18. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioGem Diamonds has a P/B Ratio of 0.21. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Gem Diamonds (LON:GEMD) StockGem Diamonds Limited operates diamond mines. The company's flagship project is the Leteng mine located in the located in the Maluti Mountains of Lesotho. It is also involved in the production, manufacture, wholesale, retail, and marketing rough and polished diamonds. In addition, the company provides technical, financial, administrative, and management consulting services. It operates in Lesotho, Belgium, British Virgin Islands, Republic of South Africa, the United Kingdom, and Cyprus. The company was incorporated in 2005 and is headquartered in London, the United Kingdom.Read More Receive GEMD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gem Diamonds and its competitors with MarketBeat's FREE daily newsletter. Email Address GEMD Stock News HeadlinesMay 26, 2023 | msn.comBulgari’s Dazzling Sapphire and Diamond Necklace Just Sold for $3.4 Million at AuctionMay 23, 2023 | finance.yahoo.comSanguine Gem Stones To Expand Product LineJune 2, 2023 | Vantage Point (Ad)Instantly Find Hidden Trade OpportunitiesThere’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 22, 2023 | msn.comTears Of The Kingdom: Where To Find DiamondsMay 22, 2023 | msn.comRoyal-favourite gem for centuries – here’s the low-down on sapphiresMay 19, 2023 | bizjournals.comSmall Business Awards Finalist: GEM Family LawMay 18, 2023 | finance.yahoo.comG-7 to Chase Russia’s Diamonds While Stopping Short of Total BanMay 17, 2023 | yahoo.comBulgari’s Ultra-Rare Laguna Blu Diamond Sold for $25 Million at AuctionJune 2, 2023 | Vantage Point (Ad)Instantly Find Hidden Trade OpportunitiesThere’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 15, 2023 | msn.comWhat is the birthstone for June? A guide to the the gemstones' colors, symbolism and more.May 8, 2023 | msn.comWere the Diamonds in Queen Camilla's Coronation Necklace 'Stolen'?May 8, 2023 | msn.comRare blue diamond worn by Priyanka Chopra Jonas to be auctionedMay 6, 2023 | msn.com‘We want our diamond back’: The coronation gem spirited from South Africa using a decoy shipMay 2, 2023 | yahoo.comThe Blue Bulgari Diamond Priyanka Chopra Jonas Wore at the Met Gala Could Fetch More Than $25 Million at AuctionApril 30, 2023 | marketwatch.comThe Gem Tester market size is growing at a CAGR of 13.6% from 2023 - 2030 and provides insights into Market Size, Market Share, and Market TrendsApril 27, 2023 | marketwatch.comDiamond and Gemstone Market Complete Overview till 2030April 25, 2023 | forbes.comDiamonds: A Girl’s Best Friend And Now A Unique Investment Opportunity For WomenApril 18, 2023 | msn.comMinecraft Legends: How to Find DiamondsApril 17, 2023 | msn.comMarketing helped make the diamond the bridal gemApril 16, 2023 | mirror.co.ukExtremely rare 'diamond within a diamond' unearthed in India called Beating HeartApril 14, 2023 | msn.comDJ Khaled Just Showed Off His Rainbow Gem-Set Audemars Piguet Royal Oak on InstagramApril 14, 2023 | msn.comLab Grown Diamonds | Sparkling revolutionApril 14, 2023 | marketwatch.comDiamond Mining Market Share and Forecast till 2031April 13, 2023 | forbes.comModern Rings Evoke The PastApril 12, 2023 | finance.yahoo.comBringing More Joy to Fine Jewelry, Cast Launches The Stone Charm collection, beaming with self-expression and energetic huesApril 11, 2023 | finance.yahoo.comDiamond Global Market Report 2023April 7, 2023 | finance.yahoo.comParaiba Tourmaline – Star Lanka Brings to the Consumer Market the Rarest of Rare GemsSee More Headlines GEMD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Industry, Sector and Symbol Stock ExchangeLON Industry Industrial Metals & Minerals Sub-IndustryN/A SectorBasic Materials Current SymbolLON:GEMD CUSIPN/A CIKN/A Webwww.gemdiamonds.com Phone+44-20-30430280FaxN/AEmployees353Year FoundedN/APrice Target and Rating Average Stock Price ForecastGBX 42.50 High Stock Price ForecastGBX 45 Low Stock Price ForecastGBX 40 Forecasted Upside/Downside+82.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.06 Trailing P/E Ratio389.17 Forward P/E Ratio9.50 P/E Growth0.18Net Income£10.18 million Net Margins5.39% Pretax MarginN/A Return on Equity8.40% Return on Assets5.32% Debt Debt-to-Equity Ratio5.94 Current Ratio1.99 Quick Ratio1.09 Sales & Book Value Annual Sales£188.94 million Price / Sales0.17 Cash FlowGBX 12.02 per share Price / Cash Flow1.94 Book ValueGBX 110 per share Price / Book0.21Miscellaneous Outstanding Shares139,420,000Free FloatN/AMarket Cap£32.55 million OptionableNot Optionable Beta1.13 Key ExecutivesMr. Clifford Thomas Elphick BCom (Age 61)BCompt Hons, Founder, CEO & Exec. Director Comp: $777.26kMr. Michael Michael BCom Hons (Age 51)CA(SA), CFO & Exec. Director Comp: $513.66kMr. Brandon de Bruin (Age 50)Chief Operating Officer Mr. Jaco Houman (Age 47)Sr. Mang. of Technical & Projects Mr. Glenn E. Turner BA (Age 61)LLB, LLM, Chief Legal & Commercial Officer and Company Sec. Mr. Gavin Anthony Beevers BSc Hons (Age 72)Technical Advisor More ExecutivesKey CompetitorsKEFI Gold and CopperLON:KEFIPhoenix CopperLON:PXCMetals ExplorationLON:MTLRichland Resources Ltd (RLD.L)LON:RLDBluejay MiningLON:JAYView All CompetitorsInsidersClifford Thomas ElphickSold 41,343 sharesTotal: £1.78 M ($43.00/share)View All Insider Transactions GEMD Stock - Frequently Asked Questions Should I buy or sell Gem Diamonds stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gem Diamonds in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GEMD shares. View GEMD analyst ratings or view top-rated stocks. What is Gem Diamonds' stock price forecast for 2023? 2 brokerages have issued 1 year price targets for Gem Diamonds' shares. Their GEMD share price forecasts range from GBX 40 to GBX 45. On average, they predict the company's stock price to reach GBX 42.50 in the next twelve months. This suggests a possible upside of 82.0% from the stock's current price. View analysts price targets for GEMD or view top-rated stocks among Wall Street analysts. How have GEMD shares performed in 2023? Gem Diamonds' stock was trading at GBX 32.50 at the beginning of 2023. Since then, GEMD stock has decreased by 28.2% and is now trading at GBX 23.35. View the best growth stocks for 2023 here. Is Gem Diamonds a good dividend stock? Gem Diamonds (LON:GEMD) pays an annual dividend of GBX 2 per share and currently has a dividend yield of 7.51%. GEMD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for GEMD. What other stocks do shareholders of Gem Diamonds own? Based on aggregate information from My MarketBeat watchlists, some companies that other Gem Diamonds investors own include Dominion Diamond (DDC), Stillwater Mining (SWC), Iofina (IOF), Petra Diamonds (PDL), Botswana Diamonds (BOD), Lucara Diamond (LUC), Rio Tinto Group (RIO), Sirius Minerals (SXX), Acadia Healthcare (ACHC) and Aston Martin Lagonda Global (AML). What is Gem Diamonds' stock symbol? Gem Diamonds trades on the London Stock Exchange (LON) under the ticker symbol "GEMD." How do I buy shares of Gem Diamonds? Shares of GEMD stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.Compare Top Brokerages Here. What is Gem Diamonds' stock price today? One share of GEMD stock can currently be purchased for approximately GBX 23.35. How much money does Gem Diamonds make? Gem Diamonds (LON:GEMD) has a market capitalization of £32.55 million and generates £188.94 million in revenue each year. The company earns £10.18 million in net income (profit) each year or GBX 0.06 on an earnings per share basis. How many employees does Gem Diamonds have? The company employs 353 workers across the globe. How can I contact Gem Diamonds? Gem Diamonds' mailing address is 2 Eaton Gate, LONDON, SW1W 9BJ, United Kingdom. The official website for the company is www.gemdiamonds.com. The company can be reached via phone at +44-20-30430280. 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