GEMD Gem Diamonds Limited

10.50GBp-4.55%Mkt Cap: 15.98M $P/E: —

Gem Diamonds Limited, together with its subsidiaries, operates diamond mines. The company also produces, manufactures, sells, and markets rough and polished diamonds; and provides technical, financial, and management con…

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Gem Diamonds shares jump 70% after blow-out results; broker hails performance

Gem Diamonds Limited (LSE:GEMD, OTC:GMDMF) shares saw a significant upward movement on Thursday following the release of its half-year results and a firm 'buy' reiteration from Panmure Liberum. The shares traded up 70% to 11p as the broker held its 'buy' stance and 13p target price, digesting...

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