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Pin to quick picksGemfields Grou. Share News (GEM)

Share Price Information for Gemfields Grou. (GEM)

London Stock Exchange
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Share Price: 12.375
Bid: 12.00
Ask: 12.75
Change: -0.375 (-2.94%)
Spread: 0.75 (6.25%)
Open: 12.75
High: 12.75
Low: 12.25
Prev. Close: 12.75
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Gemfields swings to full-year profit

Mon, 22nd Sep 2014 07:04

Sept 22 (Reuters) - Precious stones miner Gemfields Plc swung to a full-year profit as its revenue from the saleof emeralds and rubies more than tripled.

The company reported a pretax profit of $36.3 million forthe year ended June 30. It reported a pretax loss of $20.1million a year earlier.

The London-listed miner's revenue jumped to $160.1 millionfrom $48.4 million a year earlier. Revenue from its first rubyauction this year generated about $33.5 million.

Gemfields currently mines emeralds in Zambia and rubies inMozambique. Last week the company said it would hunt forsapphires in Sri Lanka. (Reporting by Karen Rebelo in Bangalore; Editing by GopakumarWarrier)

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7 Jan 2022 14:14

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(Sharecast News) - Gemfields updated the market on the proposed sale of its interest in Sedibelo Platinum Mines (SPM) on Friday, confirming the 'unbundling' of Ivy Lane's shareholding.

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7 Jan 2022 08:11

IN BRIEF: Gemfields "unbundles" stake in Sedibelo Platinum Mines

IN BRIEF: Gemfields "unbundles" stake in Sedibelo Platinum Mines

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Strong year for Gemfields paves way for once "unthinkable" returns

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10 Dec 2021 09:22

IN BRIEF: Gemfields records record revenues after ruby auction

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7 Dec 2021 12:31

IN BRIEF: Gemfields reports strong showing at recent emerald auction

IN BRIEF: Gemfields reports strong showing at recent emerald auction

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12 Nov 2021 13:20

IN BRIEF: Gemfields appoints alternate director to Assore board rep

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11 Oct 2021 11:48

IN BRIEF: Gemfields appoints Assore's Patrick Sacco to board

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24 Sep 2021 20:16

IN BRIEF: Christo Wiese resigns from Gemfields board

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23 Sep 2021 11:32

Gemfields swings to interim profit on return of mini-auctions

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16 Sep 2021 10:53

Gemfields returns to profit amid easing of Covid-19 restrictions

(Sharecast News) - Mining company Gemfields Group said on Thursday that interim net profit after tax would be roughly $23.8m, a marked turnaround when compared to its $56.7m net loss a year earlier.

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16 Sep 2021 10:23

Gemfields eyes first half profit after clearing Covid hurdles

Gemfields eyes first half profit after clearing Covid hurdles

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12 Aug 2021 11:25

Gemfields shares jump after record revenue from Kagem emerald auction

Gemfields shares jump after record revenue from Kagem emerald auction

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9 Jul 2021 09:40

Gemfields notes share price rise; expects strong revenue growth

Gemfields notes share price rise; expects strong revenue growth

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