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Gem Diamonds Limited 25% Potential Upside Indicated by Liberum Capital

Gem Diamonds Limited using EPIC/TICKER code (LON:GEMD) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Liberum Capital. Gem Diamonds Limited are listed in the Basic Materials sector within International Main Market. Liberum Capital have set a target price of 115 GBX on its stock. This now indicates the analyst believes there is a possible upside of 25.0% from the opening price of 92 GBX. Over the last 30 and 90 trading days the company share price has increased 5.6 points and increased 18 points respectively. The 52 week high for the stock is 118.5 GBX while the 52 week low for the share price is 66 GBX.

Gem Diamonds Limited has a 50 day moving average of GBX and the 200 Day Moving Average price is recorded at . There are currently 140,448,132 shares in issue with the average daily volume traded being 160,824. Market capitalisation for LON:GEMD is £130,667,328 GBP.