Gem Resources (LON:GEMR) Releases Earnings Results

Gem Resources (LON:GEMR) issued its earnings results on Tuesday. The company reported GBX (0.21) EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 5 million for the quarter.

Gem Resources Stock Performance

Shares of LON:GEMR opened at GBX 0.27 on Tuesday. The firm has a market cap of £1.67 million and a PE ratio of -0.50. The firm’s 50 day simple moving average is GBX 0.28 and its 200-day simple moving average is GBX 0.36. Gem Resources has a one year low of GBX 0.13 and a one year high of GBX 0.80.

About Gem Resources

At Gem Resources we take pride in being a forward-thinking mining company specialising in the discovery, development, and production of ethically sourced gemstones.

Our goal is to become a leading explorer, producer and trusted supplier of ethically mined gemstones.

Currently, we are emerging as a producer of ethically mined emeralds from our flagship project at the renowned Gravelotte Emerald Mine (GEM), but our focus extends globally.