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Petra Diamonds Ltd (PDL.L)

PDL.L on London Stock Exchange

25.20GBp
22 Feb 2019
Change (% chg)

-0.32 (-1.25%)
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25.52
Open
26.34
Day's High
26.34
Day's Low
25.00
Volume
297,481
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1,895,153
52-wk High
73.45
52-wk Low
25.00

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Mon, Feb 18 2019

UPDATE 2-Petra Diamonds appoints new CEO, share price rises

* Aims for net debt/EBITDA at 2 by mid 2020 from 3.3 (Adds CEO comments, share price, analysts)

Petra Diamonds names Africa veteran Duffy as CEO

Feb 18 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.

UPDATE 2-FOCUS-Famed Cullinan mine banks on big diamonds to drive down debt

* Mine owned by Petra Diamonds may take 5-10 years to clear debt

UPDATE 1-Petra Diamonds shares fall on lower diamond prices at flagship mine

Jan 28 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.

Petra Diamonds shares fall on lower diamond prices at flagship mine

Jan 28 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.

UPDATE 2-Petra Diamonds' core profit climbs, CEO to step down

* Adjusted EBITDA jumps in FY 2017 (Adds details, updates with comment, updates shares)

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