Gemfields Group Limited

LSE (GBp): Gemfields Group Limited (GEM)

Last Price

7.39

Today's Change

+0.14 (1.93%)

Day's Change

7.00 - 7.50

Trading Volume

74,617

Overview

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Company Profile

Sector: Basic Materials - Basic Materials

Industry: Other Precious Metals & Mining

Description:

Gemfields Group Limited, together with its subsidiaries, operates as a mining company. It operates through six segments: Kagem Mining Limited, Montepuez Ruby Mining Limitada, Development assets, Faberge, Corporate, and Other. The company is involved in the emerald, beryl, ruby, and corundum mining activities; wholesale and retail of jewelry and watches through directly operated boutiques and international wholesale partners, faberge.com as well as online marketplaces; and consumer focused marketing campaigns. It also holds investments in PGMs and manganese and iron ore; and sells cut and polished gemstones. The company was formerly known as Pallinghurst Resources Limited and changed its name to Gemfields Group Limited in June 2018. Gemfields Group Limited was incorporated in 2007 and is based in Saint Peter Port, Guernsey.

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