Breaking Finance News

A report released today by finnCap about Gemfields PLC (LON:GEM) holds the target price at 85.00GBX

Gemfields PLC (LON:GEM) had its target price hold steady to 85.00GBX by finnCap in a report released 9/30/2016. The new target price indicates steady performance relative to the company's last stock close price.

Previously on 9/27/2016, Macquarie reported about Gemfields PLC (LON:GEM) held steady the target price at 90.00GBX. At the time, this indicated a possible upside of 0.94%.

Yesterday Gemfields PLC (LON:GEM) traded -1.77% lower at 0.00GBX. The company’s 50-day moving average is 41.26GBX and its 200-day moving average is 40.47GBX. The last stock close price is down 28.64% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 98,760 shares of the stock were exchanged, down from an average trading volume of 436,405

See Chart Below

Gemfields PLC (LON:GEM)

Gemfields PLC has a 52 week low of 31.00GBX and a 52 week high of 60.00GBX The company’s market cap is currently 0 GBX.

In addition to finnCap reporting its target price, a total of 9 firms have issued a report on the stock. The consensus target price is 1.05GBX with 3 firms rating the stock a strong buy, 4 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Gemfields PLC (LON:GEM)

Gemfields plc is a supplier of colored gemstones. The Company's segments include Zambia, which include emerald and beryl mining activities; Mozambique, which include ruby and corundum mining activities; UK, which include sales of cut and polished gemstones, marketing, technical and administrative services; Faberge, which include the wholesale and retail sales of jewelry, and Other, which include new projects, traded auctions, sales and marketing offices. The Company's assets include Kagem emerald mine, which covers an area of approximately 41 square kilometers and is located in the central part of the Ndola rural emerald restricted area, Zambia; Montepuez ruby mine, which is located in the Cabo Delgado province and covers an area of approximately 33,600 hectares, and Kariba amethyst mine, which covers an area of approximately 396 hectares. Its subsidiary Oriental Mining SARL has around 15 exploration licenses in the Antananarivo, Fianarantsoa and Toliara provinces of Madagascar.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.