Petra Diamonds Limited

Equities

PDL

BMG702782084

Non-Gold Precious Metals & Minerals

Market Closed - London S.E. Other stock markets 11:35:28 2024-04-26 am EDT			5-day change	1st Jan Change
44.8 ^GBX	+8.74%		+6.67%	-36.00%

Apr. 22	PayPoint rises as stays on track	AN
Apr. 16	EARNINGS AND TRADING: J Smart boosts revenue, Tertiary starts drilling	AN

Petra Diamonds reports drop in fourth tender sales

February 16, 2024 at 05:42 am EST

Petra Diamonds Ltd - diamond mining group focused on southern Africa - Says sales in its fourth tender declined. Sales in the period, which runs until February, total USD47.8 million, fall 30% from USD67.9 million in tender three which concluded in December. Tender 4 sales weaken by roughly a third year-on-year from USD72.1 million, it adds. The average price per carat declines 22% to USD112 in the most recent tender from USD143 a year prior.

Current stock price: 41.30 pence, down 5.7%

12-month change: down 47%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
DOW JONES AFRICA TITANS 50 INDEX	462 PTS	+1.81%	+1.69%	-
S&P AFRICA 40 INDEX	157.6 PTS	+3.21%	+3.26%	-
PETRA DIAMONDS LIMITED	44.8 GBX	+8.74%	+6.67%	108M

Latest news about Petra Diamonds Limited

PayPoint rises as stays on track	Apr. 22	AN
EARNINGS AND TRADING: J Smart boosts revenue, Tertiary starts drilling	Apr. 16	AN
Transcript : Petra Diamonds Limited, Q3 2024 Operating Results Call, Apr 16, 2024	Apr. 16
RBC raises Admiral; Barclays cuts Phoenix Group	Apr. 16	AN
Transcript : Petra Diamonds Limited, Q3 2024 Operating Results Call, Apr 16, 2024	Apr. 16
Petra Diamonds Limited Announces Revenue Results for the Third Quarter and Nine Months Ended March 31, 2024	Apr. 16	CI
Petra Diamonds Limited Announces Production Results for the Third Quarter and Nine Months Ended March 31, 2024	Apr. 16	CI
FTSE 100 Index Closes Up 0.4% Lifted by Miners	Apr. 08	DJ
Petra Diamonds signs deal to sell Koffiefontein; targets cost savings	Apr. 08	AN
Moody's Lowers Petra Diamonds' Outlook Amid Weak Diamond Market, Affirms Rating	Mar. 29	MT
The FTSE 100 Closed Down 0.4% as U.S. Jobs Data Prompts Rate-Cut Hopes	Mar. 08	DJ
Petra Diamonds CFO Breytenbach to leave by end of September	Mar. 08	AN
Petrofac jumps on USD200 million contract	Mar. 08	AN
Petra Diamonds CFO to Step Down	Mar. 08	MT
Petra Diamonds Limited Announces Jacques Breytenbach Resigns as Chief Financial Officer	Mar. 08	CI
Petra Diamonds Limited Petra Announces Jacques Breytenbach Resigns as Director	Mar. 08	CI
FTSE 100 Ends Tuesday Down on U.S. Weakness, Interest Rate Uncertainty	Feb. 20	DJ
Transcript : Petra Diamonds Limited, H1 2024 Earnings Call, Feb 20, 2024	Feb. 20
Banking stocks drag FTSE 100 into green	Feb. 20	AN
Petra Diamonds shares down as revenue drops on lower diamond sales	Feb. 20	AN
Superdry up on reports of takeover talks	Feb. 20	AN
Transcript : Petra Diamonds Limited, H1 2024 Earnings Call, Feb 20, 2024	Feb. 20
Earnings Flash (PDL.L) PETRA DIAMONDS LIMITED Reports Fiscal H1 Revenue $187.8M	Feb. 20	MT
Earnings Flash (PDL.L) PETRA DIAMONDS Posts Fiscal H1 Loss $-0.0487	Feb. 20	MT
Petra Diamonds Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 20	CI

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Company Profile

Petra Diamonds Limited is a United Kingdom-based independent diamond mining company and a supplier of gem quality rough diamonds to the international market. The Company's segments include Mining, Corporate and Beneficiation. Its Mining segment is engaged in the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. The Companyâs portfolio incorporates interests in three underground producing mines in South Africa (Finsch, Cullinan and Koffiefontein) and one open pit mine in Tanzania (Williamson). The Cullinan mines provide gem diamonds, including Type II stones, as well as rare blue diamonds. The Finsch mines produces special diamonds and a number of +50 carat stones annually. The Koffiefontein mine produces white stones and occasional fancy pink diamonds. The Williamson mine is a diamond producer and is based on approximately 146 hectares of Mwadui kimberlite pipe.

Sector

Non-Gold Precious Metals & Minerals

Calendar

2024-05-21 - TPI CAP Paris Conference

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