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What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
Stock market today: Asia follows Wall St up on hopes Fed will ease off rate hikes
Highly Profitable Restaurant Brand Expands to Canada (Ad)
Is This The Collapse of Icahn Enterprises ?
20 Best Healthcare Dividend Stocks to Invest in
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
Nordstrom's Earnings Beat, A Rally In The Making
World-Renowned Brazilian Restaurant Debuts in Canada (Ad)
Elliott Management Says Goodyear Tire Worth At Least $21 a Share
What Does the Airbnb Guidance Drop Say About Travel Demand?
LON:GEMD

Gem Diamonds (GEMD) Share Forecast, Price & News

GBX 23.35
+0.95 (+4.24%)
(As of 06/1/2023 ET)
Compare
Today's Range
22.40
23.70
50-Day Range
22.40
28
52-Week Range
22
54.60
Volume
80,311 shs
Average Volume
103,044 shs
Market Capitalization
£32.55 million
P/E Ratio
389.17
Dividend Yield
8.57%
Price Target
GBX 42.50

Gem Diamonds MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
82.0% Upside
GBX 42.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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


GEMD stock logo

About Gem Diamonds (LON:GEMD) Stock

Gem 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.

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GEMD Stock News Headlines

Sanguine Gem Stones To Expand Product Line
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There’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.
Small Business Awards Finalist: GEM Family Law
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There’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.
Minecraft Legends: How to Find Diamonds
Diamond Mining Market Share and Forecast till 2031
Modern Rings Evoke The Past
Diamond Global Market Report 2023
See More Headlines

GEMD Price History

Industry, Sector and Symbol

Industry
Industrial Metals & Minerals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
353
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
GBX 42.50
High Stock Price Forecast
GBX 45
Low Stock Price Forecast
GBX 40
Forecasted Upside/Downside
+82.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
£10.18 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£188.94 million
Cash Flow
GBX 12.02 per share
Book Value
GBX 110 per share

Miscellaneous

Free Float
N/A
Market Cap
£32.55 million
Optionable
Not Optionable
Beta
1.13

Key Executives

  • Mr. Clifford Thomas Elphick BCom (Age 61)
    BCompt Hons, Founder, CEO & Exec. Director
    Comp: $777.26k
  • Mr. Michael Michael BCom Hons (Age 51)
    CA(SA), CFO & Exec. Director
    Comp: $513.66k
  • Mr. 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













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.

This page (LON:GEMD) was last updated on 6/2/2023 by MarketBeat.com Staff

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