Company Gem Diamonds Limited

Equities

GEMD

VGG379591065

Non-Gold Precious Metals & Minerals

Delayed London S.E. 12:35:12 2024-03-28 pm EDT 5-day change 1st Jan Change
8.6 GBX -4.76% Intraday chart for Gem Diamonds Limited -4.44% -35.22%

Business Summary

Gem Diamonds Limited is a United Kingdom-based diamonds producer. The Company owns the Letseng diamond mine in Lesotho and the Ghaghoo mine in Botswana. The Letseng mine is located in the Maluti Mountains of Lesotho and it recovers Type II diamonds. Letseng has also produced pink and blue diamonds. The Ghaghoo mine, situated near the south-eastern border of the Central Kalahari Game Reserve. The mine consists of a 10.4 hectares (ha) kimberlite pipe. Diamonds produced at Ghaghoo are of a commercial and lower value and size than those from Letseng. The Company's subsidiaries include Gem Diamond Technical Services (Proprietary) Limited, Letseng Diamonds (Proprietary) Limited, Gem Diamonds Botswana (Proprietary) Limited and Gem Diamonds Investments Limited. Gem Diamond Technical Services (Proprietary) Limited is engaged in technical, financial and management consulting services.

Number of employees: 327

Sales per Business

GBP in Million2022Weight2023Weight Delta
Sales,Marketing and Manufacturing of Diamonds
99.4 %
- - 112 99.4 % -
Diamond Mining Activities
0.6 %
- - 1 0.6 % -

Sales per region

GBP in Million2022Weight2023Weight Delta
Belgium
99.4 %
153 99.8 % 112 99.4 % -26.75%
Lesotho
0.6 %
0 0.2 % 1 0.6 % +177.46%

Managers

Managers TitleAgeSince
Founder 64 05-07-28
Director of Finance/CFO 54 08-02-29
Chief Tech/Sci/R&D Officer 49 16-05-31
Chief Operating Officer 53 07-07-31
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 15-12-14
Chairman 63 17-06-05
Founder 64 05-07-28
Director/Board Member 66 21-04-30
Director of Finance/CFO 54 08-02-29
Director/Board Member 63 17-12-31
Director/Board Member 54 19-06-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 141,210,000 107,711,858 ( 76.28 %) 1,520,000 ( 1.076 %) 76.28 %

Shareholders

NameEquities%Valuation
Sustainable Capital Ltd.
21.81 %
30,469,182 21.81 % 4 M p
20,861,931 14.93 % 3 M p
Lansdowne Partners (UK) LLP
13.37 %
18,677,221 13.37 % 2 M p
Aberforth Partners LLP
11.96 %
16,709,450 11.96 % 2 M p
9,325,000 6.675 % 1 M p
Gem Diamonds Holdings Ltd.
6.675 %
9,325,000 6.675 % 1 M p
Hargreaves Lansdown Asset Management Ltd.
3.168 %
4,425,962 3.168 % 538 020 p
Hosking Partners LLP
3.098 %
4,327,869 3.098 % 526 096 p
Ruffer LLP
2.033 %
2,840,000 2.033 % 345 230 p
Goldman Sachs Asset Management International
1.221 %
1,706,296 1.221 % 207 417 p

Company contact information

Gem Diamonds Ltd.

2 Eaton Gate

SW1W 9BJ, London

+44 2030 430 280

https://www.gemdiamonds.com
address Gem Diamonds Limited(GEMD)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
0.1087 USD
Average target price
0.3055 USD
Spread / Average Target
+181.01%
Consensus

Annual profits - Rate of surprise