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A statement released earlier today by JP Morgan Cazenove about Gem Diamonds Ltd (LON:GEMD) maintains the target price at 100.00GBX

Having a price of 88.88GBX, Gem Diamonds Ltd (LON:GEMD) traded -2.19% lower on the day. With the last close up -9.40% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. Gem Diamonds Ltd has recorded a 50-day average of 78.24GBX and a two hundred day average of 86.37GBX. Volume of trade was down over the average, with 13,959 shares of GEMD changing hands under the typical 100,269

Stating a potential upside of 0.13%, JP Morgan Cazenove hold steady the price target of Gem Diamonds Ltd (LON:GEMD) at 100.00GBX

On 06/05/2017, JP Morgan Cazenove released a statement on Gem Diamonds Ltd (LON:GEMD) dropped the target price from 105.00GBX to 100.00GBX that suggested an upside of 0.11%.

Performance Chart

Gem Diamonds Ltd (LON:GEMD)

With a total market value of 0 GBX, Gem Diamonds Ltd has with a one year low of 68.50GBX and a one year high of 124.75GBX .

A total of 9 analysts have released a report on GEMD. Two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of 2.33GBX.

Brief Synopsis About Gem Diamonds Ltd (LON:GEMD)

Gem Diamonds Limited is a United Kingdom-based diamond producer, which is engaged in the exploration and development of diamond mines. The Company operates diamond mining operations in Lesotho and Botswana. The Company's geographical segments include Lesotho, which is involved in diamond mining activities; Botswana, which is engaged in diamond mining activities; Belgium, which is involved in the sales, marketing and manufacturing of diamonds, and British Virgin Islands (BVI), Republic of South Africa (RSA) and the United Kingdom, which provides technical and administrative services. The Company owns the Letseng mine in Lesotho and the Ghaghoo mine in Botswana. The Company's subsidiaries include Gem Diamond Technical Services (Proprietary) Limited, Gem Equity Group Limited, Letseng Diamonds (Proprietary) Limited, Gem Diamonds Botswana (Proprietary) Limited, BDI Mining Corp, Gem Diamonds Australia Holdings and Gem Diamonds Investments Limited.

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