PDL.L
Latest Trade
8.31GBpChange
0.10(+1.16%)Volume
4,075,346Today's Range
-
8.6452 Week Range
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46.42As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay
Previous Close | 8.22 |
|---|---|
Open | 8.23 |
Volume | 4,075,346 |
3M AVG Volume | 183.90 |
Today's High | 8.64 |
Today's Low | 8.21 |
52 Week High | 46.42 |
52 Week Low | 6.18 |
Shares Out (MIL) | 865.43 |
Market Cap (MIL) | 71.04 |
Forward P/E | -20.52 |
Dividend (Yield %) | -- |
Petra Diamonds Says Restructuring Resulted In Removal Of Chief Operating Officer Role
Petra Diamonds Says There Has Been Scaling Of Open Pit Wall At Cullinan Mine
Petra Diamonds' Qtrly Revenue Down 23% At $61.6 Mln
Petra Diamonds Limited is an independent diamond mining company and supplier of rough diamonds to the international market. Its segments include Mining and Exploration. Mining segment includes the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. Exploration segment includes the exploration activities in Botswana and South Africa. Its portfolio includes over four underground kimberlite mines, an open cast kimberlite mine and tailings retreatment programs. Its mines include Finsch, Cullinan, Koffiefontein and Williamson. It has a resource base of approximately 312 million carats (Mcts). Cullinan ore body contains a diamond resource of approximately 194 Mcts. Koffiefontein mine produces white stones. Kimberley Underground operation comprises three kimberlite pipe mines: Bultfontein and Dutoitspan (serviced by the Joint Shaft and the Joint Shaft plant), and Wesselton (serviced by the Wesselton Shaft and the Wesselton plant).
Industry
Non-Metallic Mining
Executive Leadership
Adonis Pouroulis
Non-Executive Chairman of the Board
Richard N. Duffy
Chief Executive Officer
Jacques Breytenbach
Finance Director, Executive Director
Luctor Roode
Chief Operating Officer
Patrick Bartlett
Non-Executive Independent Director
Price To Earnings (TTM) | -- |
|---|---|
Price To Sales (TTM) | 0.20 |
Price To Book (MRQ) | 0.30 |
Price To Cash Flow (TTM) | -- |
Total Debt To Equity (MRQ) | 208.73 |
LT Debt To Equity (MRQ) | 193.62 |
Return on Investment (TTM) | -15.58 |
Return on Equity (TTM) | -13.50 |
Petra Diamonds Ltd said on Thursday that its electricity usage restrictions have been lifted by South Africa's state utility Eskom and its mines are operating at normal load levels.
Petra Diamonds Ltd has restarted its mining operations in South Africa, but is restricting power usage in line with requirements by state utility Eskom, the company said on Tuesday.
Petra Diamonds Ltd said on Monday it was in the process halting operations at its Cullinan, Finsch and Koffiefontein mines in South Africa after state utility Eskom asked the miner to reduce its electricity load.
Petra Diamonds Ltd said on Monday it was in the process halting operations at its Cullinan, Finsch and Koffiefontein mines in South Africa after state utility Eskom asked the miner to reduce its electricity load.
Petra Diamonds said on Monday it had recovered an extremely rare 20.08 carat blue diamond from its flagship Cullinan mine, the world's main source of rare blue diamonds.
* Analysts say delivering on efficiencies crucial (Adds CEO comment, share price, analyst comment)
Petra Diamonds reported a 22% fall in annual profit on Monday as the precious metals miner grappled with a weak diamond market, and the company also said its non-executive chairman plans to step down.
Petra Diamonds Ltd <PDL.L> 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 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.
** 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
(This May 14 story corrects first paragraph to show sale of diamond was to Stargems Group and Choron (Belgium) BVBA, not only to Stargems.)
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 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.
African miner Petra Diamonds', which has high debt levels, aims to be cash flow positive in the second half of the year and will then be able to consider future developments, its new chief executive said on Monday.
Miner Petra Diamonds Ltd on Monday reported a 6.9 percent fall in third-quarter production at 924,228 carats, reflecting lower output at its Finsch mine.
* Aims for net debt/EBITDA at 2 by mid 2020 from 3.3 (Adds CEO comments, share price, analysts)
Miner Petra Diamonds Ltd has appointed former AngloGold Ashanti finance director Richard Duffy as its new chief executive officer, the company said on Monday as it reported first-half adjusted core earnings of $75.6 million.
The owner of one of the world's most famous diamond mines could be about a decade away from clearing its multi-million-dollar debts, in a sign of the struggles facing an industry assailed by synthetic rivals and uncertain demand.
Shares of Petra Diamonds Ltd slid as much as 10 percent on Monday after lower diamond prices at its flagship Cullinan mine and an increase in net debt took the shine off higher half-year revenue.
Shares in Petra Diamonds Ltd slumped as much as 10 percent as lower diamond prices at its flagship Cullinan mine overshadowed an increase in half-year revenue.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.