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Gem Diamonds looking lacklustre

With the Ghaghoo mine going on care and maintenance and an annual loss recently disclosed, it was only a matter of time before analysts downgraded Gem Diamonds’ (LN:GEMD) stock.

Gem Diamonds looking lacklustre Gem Diamonds looking lacklustre Gem Diamonds looking lacklustre Gem Diamonds looking lacklustre Gem Diamonds looking lacklustre

Gem Diamonds has been finding less of the massive diamonds Letseng is known for recently

The move to shutter its ailing diamond mine in Botswana was viewed as a prudent one, but it has put more pressure on the flagship Letseng mine in Lesotho, which as of late has not been delivering