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Gem misses analyst forecasts, but ups earnings 70%

Gem Diamonds (LSE:GEMD) will not hand out a dividend as analysts had expected, after costs hit 2018 earnings.

Gem misses analyst forecasts, but ups earnings 70% Gem misses analyst forecasts, but ups earnings 70% Gem misses analyst forecasts, but ups earnings 70% Gem misses analyst forecasts, but ups earnings 70% Gem misses analyst forecasts, but ups earnings 70%

Gem says more large stones will be recovered once the 'non-mechanical' diamond recovery process is installed

Chairman Harry Kenyon-Slaney said the board had decide against paying a dividend after a review of the current state of the global diamond market.