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United Kingdom

Petra Diamonds Ltd (PDL.L)

PDL.L on London Stock Exchange

8.64GBp
23 Aug 2019
Change (% chg)

-0.12 (-1.31%)
Prev Close
8.76
Open
9.10
Day's High
9.10
Day's Low
8.60
Volume
3,727,849
Avg. Vol
6,999,065
52-wk High
46.42
52-wk Low
8.46

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Mon, Jul 22 2019

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Petra Diamonds misses revenue expectations on weak demand

Petra Diamonds Ltd reported full-year revenue below analysts' estimates on Monday and said it expects next year's production to be slightly lower, as it struggles with a diamond market hit by weak demand and lack of easy credit.

Petra Diamonds misses revenue expectations on weak demand

Petra Diamonds Ltd reported full-year revenue below analysts' estimates on Monday and said it expects next year's production to be slightly lower, as it struggles with a diamond market hit by weak demand and lack of easy credit.

UPDATE 1-Petra Diamonds misses revenue expectations on weak demand

July 22 Petra Diamonds Ltd reported full-year revenue below analysts' estimates on Monday and said it expects next year's production to be slightly lower, as it struggles with a diamond market hit by weak demand and lack of easy credit.

Petra Diamonds sees lower 2020 production, cuts capital spending

July 22 Petra Diamonds Ltd said on Monday it expects production for the full year 2020 to be below current year's output of 3.9 million carats, and forecast lower capital spending for next year.

BUZZ-Petra Diamonds: Falls; RBC cuts PT to street low on persistent pricing pressures

** Miner Petra Diamonds Ltd' shares down ~2.1% at 21.1p, after RBC Capital Markets slashes price target to 23p from 40p; the lowest across brokerages

Petra sells 425-carat diamond recovered at Cullinan mine for $15 million

(This May 14 story corrects first paragraph to show sale of diamond was to Stargems Group and Choron (Belgium) BVBA, not only to Stargems.)

CORRECTED-UPDATE 1-Petra sells 425-carat diamond recovered at Cullinan mine for $15 mln (May 14)

May 14 Petra Diamonds said on Tuesday it sold a 425-carat diamond, recovered at its flagship Cullinan mine in South Africa in March, to Belgium-based Stargems Group and Choron (Belgium) BVBA for $15 million, potentially helping it turn free cash flow positive this year.

CORRECTED-Miner Petra Diamonds sells its 425-carat legacy diamond (May 14)

May 14 Petra Diamonds said on Tuesday it sold its 425-carat 'Legacy of the Cullinan Diamond Mine' diamond to Belgium-based Stargems Group and Choron (Belgium) BVBA for $15 million.

Petra Diamonds adds 209.9 carat gem to Cullinan treasure

Petra Diamonds said on Thursday it had recovered a 209.9 carat 'Type II' diamond at its flagship Cullinan mine, the third recovery of such a large gem since March.

Petra Diamonds adds 209.9 carat gem to Cullinan treasure

April 18 Petra Diamonds said on Thursday it had recovered a 209.9 carat 'Type II' diamond at its flagship Cullinan mine, the third recovery of such a large gem since March.

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