A statement released earlier today by Peel Hunt about Gemfields PLC (LON:GEM) maintains the target price at 78.00GBX
- Updated: December 1, 2016
Having a price of 48.88GBX, Gemfields PLC (LON:GEM) traded 0.00% even on the day. With the last close up 15.63% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same period. Gemfields PLC has recorded a 50-day average of 48.88GBX and a two hundred day average of 42.27GBX. Volume of trade was down over the average, with 98,120 shares of GEM changing hands under the typical 485,556
Stating a potential upside of 0.60%, Peel Hunt hold steady the price target of Gemfields PLC (LON:GEM) at 78.00GBX
On 11/17/2016, Panmure Gordon released a statement on Gemfields PLC (LON:GEM) upped the target price from 61.00GBX to 64.00GBX that suggested an upside of 0.29%.
With a total market value of 0 GBX, Gemfields PLC has price-earnings ratio of 24.44 with a one year low of 31.00GBX and a one year high of 54.75GBX .
A total of 9 analysts have released a report on Gemfields PLC. Three analysts rating the company a strong buy, four analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 1.05GBX.
More About Gemfields PLC (LON:GEM)
Gemfields plc is a supplier of colored gemstones. The Company operates through five segments: Zambia, which includes emerald and beryl mining activities; Mozambique, which includes ruby and corundum mining activities; UK, which includes sales of cut and polished gemstones, marketing, technical and administrative services; Faberge, which includes wholesale and retail sales of jewelry and watches, and Other, which includes new projects and traded auctions. Its assets include Kagem emerald mine, which covers an area of over 41 square kilometers and is located in the central part of the Ndola Rural Emerald Restricted Area in 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 is located in the southern part of Kalomo district, Zambia. The Company's other assets include Eastern Ruby Mining Limitada, Mozambique-rubies, and Megaruma Mining Limitada, Mozambique-rubies.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.