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Pin to quick picksPetra Diamonds Share News (PDL)

Share Price Information for Petra Diamonds (PDL)

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Share Price: 40.10
Bid: 40.00
Ask: 40.10
Change: 0.10 (0.25%)
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Open: 40.10
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Low: 40.00
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SMALL-CAP WINNERS & LOSERS: Petra sees "low risk" of further breaches

Wed, 30th Nov 2022 11:09

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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SMALL-CAP - WINNERS

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XPS Pensions Group PLC, up 2.9% at 141.00 pence, 12-month range 114.50p - 154.00p. The pensions consulting and administration firm appoints Alan Bannatyne as permanent chair, effectively immediately. Bannatyne has served as interim chair since September 8. In additional, Margaret Snowdon is appointed as permanent senior independent director, and Sarah Ing has been appointed as permanent chair of the audit & risk committee.

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Chrysalis Investments Ltd, up 1.9% at 65.60 pence, 12-month range 51.00p - 258.00p. The technology and finance startups-focused investor says it is in discussions with Jupiter Asset Management in regard to its current performance fee arrangements. Explains overall performance fee level will be reduced from 20% to 12.5% and will be satisfied in shares. The 'high-water mark' set in September 2021 remains unchanged.

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SMALL-CAP - LOSERS

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Petra Diamonds Ltd, down 4.7% at 90.50 pence, 12-month range 58.36p - 139.00p. Says there a low risk of further breaches at the tailings storage facility wall breach at the Williamson mine in Tanzania. Earlier this month, the South Africa and Tanzania-focused diamond miner said the eastern wall of the storage facility was breached due to flooding. Petra explains Williamson Diamonds Ltd, the owner and operator of the Williamson mine, has now constructed an initial six-metre-high wall to close the breached area. Petra has a 75% shareholding in Williamson Diamonds, with the government of Tanzania owning the remaining 25%.

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Robert Walters PLC, down 0.7% at 568.00 pence, 12-month range 418.08p - 892.00p. The recruitment firm notes that Alan Bannatyne, its chief financial officer, has been appointed as non-executive chair at XPS Pensions Group PLC with immediate effect. Bannatyne has served on the board of XPS since 2017.

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By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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24 Oct 2016 07:44

Petra Diamonds production up, four fatalities reported

(ShareCast News) - Petra Diamonds posted its unaudited trading update for the first quarter to 30 September on Monday, with production up 30% year-on-year to 1,097,523 carats. The FTSE 250 firm put that down to an to increased contribution from undiluted ROM ore, improving ROM grades and additional

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24 Oct 2016 07:36

BUZZ-Petra Diamonds: hits 14-mth high on Q1 production

** Petra Diamonds up about 8 pct at its highest level since Aug 2015 after reporting 30 pct rise in Q1 production; shares top FTSE midcap gainers ** Says production climbs to 1.1 mln carats from 842,796 carats a year earlier ** Quarterly production at Cullinan rises 44 pct to 208,974

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24 Oct 2016 07:33

LONDON MARKET OPEN: Petra Leads Midcap Gains; Cobham Falls On Warning

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24 Oct 2016 07:20

LONDON BRIEFING: easyJet And Petra Early Winners; RBS, Cobham Losers

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20 Sep 2016 15:46

Tuesday broker round-up

(ShareCast News) - Petra Diamonds: Citigroup reiterates buy with a target price of 120p; JP Morgan reiterates overweight with a 139p target. Bovis Homes: UBS upgrades to neutral, 910p target. Electrocomponents: Credit Suisse keeps at underperform with a 300p target. Easyjet: HSBC keeps at reduce w

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15 Sep 2016 08:29

BROKER RATINGS SUMMARY: Liberum Downgrades Hargreaves Lansdown To Sell

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23 Aug 2016 14:50

Broker tips: BHP Billiton, Petra Diamonds, Tullet Prebon

(ShareCast News) - Jefferies upped its recommendation on BHP Billiton to 'buy' from 'hold' as it took a look at the metals and mining sector. The bank said it had been cautious on miners due to weak demand, ongoing supply growth, stretched balance sheets, and a lack of free cash flow for most mining

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23 Aug 2016 10:03

Canaccord reiterates 'buy' rating on Petra Diamonds, raises target price

(ShareCast News) - Petra Diamonds shares edged higher on Tuesday as Canaccord Genuity reiterated a 'buy' rating and raised its target price to 165p from 150p. Canaccord said Petra's full year trading update on 25 July was ahead of its forecasts with a total diamond production of 3.7m carats (mct), c

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23 Aug 2016 09:19

Tuesday broker round-up

(ShareCast News) - Ithaca Energy: Barclays reiterates underweight with a target price of 70p. Mediclinic: JP Morgan maintains neutral with a 1160p target. Premier Oil: Barclays reiterates overweight with a 100p target. South 32: Jefferies reiterates hold with a 110p target. Mondi: Citigroup keeps

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10 Aug 2016 08:47

Petra Diamonds recovers 138.57 carat white diamond from Cullinan

(ShareCast News) - Petra Diamonds has recovered a 138.57 carat white diamond at the Cullinan mine in South Africa. The company said the diamond will be offered for sale as part of its next sales process late this month in Johannesburg. RBC Capital Markets said the announcement was a small positive

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BROKER RATINGS SUMMARY: S&P And Shore Upgrade Aviva After Strong Half

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8 Jul 2016 11:45

Petra Diamonds, Ekapa Mining agree joint venture in Australia's Kimberley

(ShareCast News) - Jersey based Petra Diamonds announced on Friday it agreed a joint venture with South Africa's Ekapa Mining, which will combine their operations in Kimberley, Western Australia. The Kimberley Ekapa Mining joint venture took effect from 1 July. Petra Diamonds and Bee Partners will o

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8 Jul 2016 10:40

Broker tips: Aveva, Compass, Petra Diamonds

(ShareCast News) - Aveva Group's shares jumped on Friday as Numis reiterated a 'buy' rating and target price of 1,910p. The information technology group said it could benefit from a potentially sizeable currency gain for the full year due to weakness of sterling since the EU referendum. The company

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8 Jul 2016 09:57

FinnCap maintains Petra Diamonds at 'buy' rating on joint venture news

(ShareCast News) - Petra Diamonds had its 'buy' rating and target price of 197p maintained on Friday by FinnCap after the miner announced a joint venture with Ekapa Mining. Petra and Ekapa Mining plans to combine its operations in Kimberley, South Africa, including the Kimberley underground mine and

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