LON:GEMD - Gem Diamonds Share Price, Forecast & News

Gem Diamonds' stock was trading at GBX 42.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GEMD stock has decreased by 29.0% and is now trading at GBX 30.10. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gem Diamonds in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Gem Diamonds.

6 brokers have issued 1-year price objectives for Gem Diamonds' stock. Their forecasts range from GBX 28 to GBX 120. On average, they anticipate Gem Diamonds' stock price to reach GBX 61.60 in the next twelve months. This suggests a possible upside of 104.7% from the stock's current price. View analysts' price targets for Gem Diamonds.

Media headlines about GEMD stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gem Diamonds earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutGem Diamonds.

Some companies that are related to Gem Diamonds include Finders Resources (FND), Emx Royalty (EMX), Denison Mines (DML), Mincor Resources (MCR), Lucara Diamond (LUC), Tungsten Mining (TGN), Maca (MLD), Base Resources (BSE), Abitibi Royalties (RZZ), Emx Royalty (EMX), Northern Dynasty Minerals (NAK), Profound Medicl (PROF), Auryn Resources (AUG), Alphamin Resources (AFM) and Altura Mining (AJM).

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), Botswana Diamonds (BOD), Petra Diamonds (PDL), Rio Tinto (RIO), Sirius Minerals (SXX), Lucara Diamond (LUC), BTL Group (BTL) and WM Morrison Supermarkets (MRW).

Gem Diamonds trades on the London Stock Exchange (LON) under the ticker symbol "GEMD."

Shares of GEMD 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.

One share of GEMD stock can currently be purchased for approximately GBX 30.10.

Gem Diamonds has a market capitalization of £41.83 million and generates £182.05 million in revenue each year. Gem Diamonds employs 401 workers across the globe. View additional information about Gem Diamonds.

The official website for Gem Diamonds is http://www.gemdiamonds.com/.

Gem Diamonds' mailing address is 2 Eaton Gate, LONDON, SW1W 9BJ, United Kingdom. The company can be reached via phone at +44-20-30430280.