Gem Diamonds Ltd (LON:GEMD) Buy Rating Has Just Been Reiterated by Liberum Capital

July 27, 2018 - By Robert Shackelford

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Gem Diamonds Ltd (LON:GEMD) Rating Reaffirmed

Gem Diamonds Ltd (LON:GEMD) stock Buy rating has been reaffirmed by Analysts at Liberum Capital in analysts note published on 27 July.

Gem Diamonds Limited (LON:GEMD) Ratings Coverage

Among 5 analysts covering Gem Diamonds Ltd (LON:GEMD), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Gem Diamonds Ltd has GBX 150 highest and GBX 90 lowest target. GBX 126’s average target is 8.15% above currents GBX 116.5 stock price. Gem Diamonds Ltd had 14 analyst reports since February 2, 2018 according to SRatingsIntel. The firm has “Buy” rating by Liberum Capital given on Tuesday, March 13. The stock has “Buy” rating by Liberum Capital on Thursday, March 15. The firm earned “Neutral” rating on Thursday, March 15 by JP Morgan. The firm has “Buy” rating given on Friday, February 2 by Liberum Capital. The stock of Gem Diamonds Limited (LON:GEMD) has “Speculative Buy” rating given on Thursday, April 26 by Canaccord Genuity. The stock of Gem Diamonds Limited (LON:GEMD) earned “Neutral” rating by JP Morgan on Tuesday, March 20. Canaccord Genuity maintained it with “Speculative Buy” rating and GBX 120 target in Thursday, March 8 report. The stock of Gem Diamonds Limited (LON:GEMD) earned “Buy” rating by Liberum Capital on Friday, June 8. On Monday, June 11 the stock rating was upgraded by Citigroup to “Buy”. The stock has “Underweight” rating by Barclays Capital on Wednesday, July 18.

It closed at GBX 116.5 lastly. It is down 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Gem Diamonds Limited explores for and develops diamond mines. The company has market cap of 161.63 million GBP. The firm owns 70% interest in the Let??eng mine located in the Kingdom of Lesotho; and 100% interest in the Ghaghoo mine located in Botswana. It has a 29.87 P/E ratio. It also makes, sells, and markets rough and polished diamonds.

More important recent Gem Diamonds Limited (LON:GEMD) news were published by: Mining.com which released: “Finds at Lucapa’s Lulo project jump on record mined diamonds” on July 05, 2018, also Mining.com published article titled: “Huge diamonds keep coming out of Lucapa’s Lulo mine in Angola”, Mining.com published: “Lucapa digs up another large diamond, this time in Lesotho” on June 29, 2018. More interesting news about Gem Diamonds Limited (LON:GEMD) was released by: Livetradingnews.com and their article: “Lucapa’s Lulo Project Produced a Record Number of Unusual Diamonds” with publication date: July 09, 2018.

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