LON:GEMD Gem Diamonds (GEMD) Share Forecast, Price & News GBX 15.80 -0.15 (-0.94%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range 15.58▼ 1650-Day Range 15.75▼ 18.9052-Week Range 15.20▼ 36.90Volume91,349 shsAverage Volume113,476 shsMarket Capitalization£22.06 millionP/E Ratio526.67Dividend Yield12.66%Price TargetGBX 42.50 ProfileProfileAnalyst RatingsChartCompetitorsHeadlinesProfileAnalyst RatingsChartCompetitorsHeadlines Gem Diamonds MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside169.0% UpsideGBX 42.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.07Based on 6 Articles This WeekInsider 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.2.60 out of 5 stars 3.3 Analyst's Opinion Consensus RatingGem Diamonds has received a consensus rating of Moderate 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 169.0% from its current price of GBX 15.80.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 6,666.67%. 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 2.3 News and Social Media Coverage News SentimentGem Diamonds has a news sentiment score of 0.07. 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 0.49 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Gem Diamonds this week, compared to 3 articles on an average week.MarketBeat Follows1 people have added Gem Diamonds to their MarketBeat watchlist in the last 30 days. 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 Insiders22.97% 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 Institutions63.33% 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 526.67, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Gem Diamonds is 526.67, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 98.63.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 0.16. 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, together with its subsidiaries, 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, South Africa, the United Kingdom, and Cyprus. Gem Diamonds Limited was incorporated in 2005 and is headquartered in London, the United Kingdom.Read More GEMD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GEMD Stock News HeadlinesSeptember 21, 2023 | msn.comWebb’s make history with 7ct diamond ring - the priciest gem to come to auctionSeptember 20, 2023 | ft.comDiamond industry slams looming sanctions on Russian gemsSeptember 23, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 19, 2023 | msn.comDiamond trade in rough, exporters looking to ChinaSeptember 19, 2023 | msn.comGirl Celebrating 7th Birthday Finds 2.95-Carat DiamondSeptember 19, 2023 | nytimes.comPink Diamonds Emerged Out of One of Earth’s Most Ancient BreakupsSeptember 17, 2023 | msn.comPolished Gems in 'Fae Farm' Will Fetch for a Pretty Penny — How to Farm Money QuickSeptember 16, 2023 | msn.comHow Gemfields is bringing transparency and traceability to the gemstone industrySeptember 23, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 15, 2023 | news.yahoo.comG-7 Plans to Ban Imports of Russian Diamonds, Belgium SaysSeptember 13, 2023 | msn.comA 7-Year-Old Girl Found a 2.95-Carat Diamond While Visiting a State Park in ArkansasSeptember 13, 2023 | msn.comAudemars Piguet Creates a Winter Wonderland with Snow-Set Diamond Royal OaksSeptember 10, 2023 | msn.comSee the Massive Diamond a 7 Year Old Girl Unearthed on Her BirthdaySeptember 9, 2023 | msn.comStrike It Rich At These American Destinations Rich In Precious GemsSeptember 8, 2023 | msn.comA 7-year-old found a 2.95-carat brown diamond while visiting an Arkansas state park on her birthday. Most of the diamonds you'll find are smaller than a grain of rice ...September 7, 2023 | usatoday.com7-year-old girl finds large diamond on her birthday at Arkansas park known for precious stonesSeptember 6, 2023 | benzinga.comGEM SLEEP Expands Payment Options with Health Plan Coverage to Provide Access to Millions Needing Sleep Apnea CareSeptember 6, 2023 | msn.com7-year-old Arkansan finds 2.95-carat diamond in MurfreesboroSeptember 3, 2023 | msn.comLand Of The Lustrous: 10 Best Gems, RankedSeptember 3, 2023 | finance.yahoo.comGem Diamonds First Half 2023 Earnings: US$0.007 loss per share (vs US$0.026 profit in 1H 2022)September 1, 2023 | msn.comShining bright: Return of Herky on Parade announced in diamond-studded revealAugust 31, 2023 | msn.comDiscover the Rarest Crystal on Earth (Only 50 Known Samples!)August 30, 2023 | msn.comRoyal Ring: William Claims Princess Di's Blue Gem Over Prince HarryAugust 29, 2023 | finance.yahoo.comGems of Power: Thailand's Sparkling Journey to Gemstone HubnessAugust 28, 2023 | nytimes.comIn Amsterdam, a Gem StoryAugust 25, 2023 | ft.comSynthetic diamond sales sparkle but oversupply delivers ice burnAugust 24, 2023 | msn.comAll the Vocabulary You Need to Create the Engagement Ring of Your DreamsSee More Headlines 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 Industry, Sector and Symbol Stock ExchangeLON Industry Other Precious Metals & Mining Sub-IndustryN/A SectorBasic Materials Current SymbolLON:GEMD CUSIPN/A CIKN/A Webwww.gemdiamonds.com Phone+44-20-30430280FaxN/AEmployees362Year FoundedN/APrice Target and Rating Average Stock Price ForecastGBX 42.50 High Stock Price ForecastGBX 45 Low Stock Price ForecastGBX 40 Forecasted Upside/Downside+169.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.03 Trailing P/E Ratio526.67 Forward P/E Ratio9.16 P/E Growth0.18Net Income£5.43 million Net Margins3.38% Pretax MarginN/A Return on Equity5.93% Return on Assets3.56% Debt Debt-to-Equity Ratio7.49 Current Ratio2.07 Quick Ratio1.09 Sales & Book Value Annual Sales£160.75 million Price / Sales0.14 Cash FlowGBX 8.14 per share Price / Cash Flow1.94 Book ValueGBX 97 per share Price / Book0.16Miscellaneous Outstanding Shares139,590,000Free FloatN/AMarket Cap£22.06 million OptionableNot Optionable Beta1.14 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Clifford Thomas Elphick BCom (Age 62)BCompt Hons, Founder, CEO & Exec. Director Comp: $819.86kMr. Michael Michael BCom Hons (Age 52)CA(SA), CFO & Exec. Director Comp: $545.92kMr. Brandon de Bruin (Age 51)Chief Operating Officer Ms. Minelle Zech (Age 48)Group HR Mang. Ms. Kiki Constantopoulos (Age 43)Group Financial Controller Mr. Jaco Houman (Age 48)Sr. Mang. of Technical & Projects Mr. Gavin Anthony Beevers BSc Hons (Age 73)Technical Advisor More ExecutivesKey CompetitorsEmpire MetalsLON:EEEAlien MetalsLON:UFOPolymetal InternationalLON:POLYFuture MetalsLON:FMEBotswana DiamondsLON:BODView All Competitors GEMD Stock - Frequently Asked Questions Should I buy or sell Gem Diamonds stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gem Diamonds in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate 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 12 month target prices for Gem Diamonds' stock. Their GEMD share price forecasts range from GBX 40 to GBX 45. On average, they predict the company's share price to reach GBX 42.50 in the next twelve months. This suggests a possible upside of 169.0% 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 the year. Since then, GEMD stock has decreased by 51.4% and is now trading at GBX 15.80. 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 6,666.67%. 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 15.80. How much money does Gem Diamonds make? Gem Diamonds (LON:GEMD) has a market capitalization of £22.06 million and generates £160.75 million in revenue each year. The company earns £5.43 million in net income (profit) each year or GBX 0.03 on an earnings per share basis. How many employees does Gem Diamonds have? The company employs 362 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. This page (LON:GEMD) was last updated on 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Gem Diamonds Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.