IN BRIEF: Gem Diamonds first-quarter output rises, revenue slips

Gem Diamonds Ltd - diamond miner - Says carats produced in first quarter of 2021 rises 11% to ...

Alliance News 22 April, 2021 | 5:45PM
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Gem Diamonds Ltd - diamond miner - Says carats produced in first quarter of 2021 rises 11% to 29,010 from 26,110 a year earlier. Revenue falls 7.2% to USD43.9 million from USD47.3 million, as carats sold drop 8.1% to 26,916. Notes five diamonds were sold for more than USD1.0 million each.

Current stock price: 69.00 pence, down 4.4% on Thursday

Year-to-date change: up 68%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Gem Diamonds Ltd 66.60 GBX -1.33 -

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