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Gemfields buyers snap up all 44 lots as Panmure Liberum keeps 'buy'

Source: proactiveinvestors.co.uk

Commodities & Raw MaterialsAnalyst InsightsCompany Fundamentals
Gemfields buyers snap up all 44 lots as Panmure Liberum keeps 'buy'

Gemfields sold out its emerald auction, prompting Panmure Liberum to raise its revenue assumption, though the change had little effect on earnings forecasts. The broker maintained its buy rating and 7.5p price target, indicating continued confidence in the gemstone miner's outlook.

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