Gemfields Group Ltd

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Live Stock Data of Gemfields Group Ltd

Stock Name & Ticker: Gemfields Group Ltd (GML)
Exchange: JSE (Johannesburg Stock Exchange)
Sector & Industry: Mining / Non-metal Mining
Current Price (R): 1.4
Market Capitalization: 1.71bn
P/E Ratio: -7.32
Dividend Yield (%): 10.78
Trading Volume (Live Data): 442
Recent Price Change (R): -4.11

Data as of 2025-03-27 09:28:15

Key Highlights of Gemfields Group Ltd

  • Current Price: 1.4 — reflecting a -4.11 from the previous close.
  • Market Cap: 1.71bn — indicating small market presence.
  • P/E Ratio: -7.32 — suggesting potential undervaluation.
  • Dividend Yield: 10.78% — attractive for income-focused investors.
  • Highlighting moderate volatility.

Stock Overview & Financial Health of Gemfields Group Ltd

Gemfields Group Ltd operates primarily in the mining sector, focusing on the extraction and trade of colored gemstones. The company has maintained a prominent position in non-metal mining with diverse product offerings. Financial indicators show steady revenue growth but face thin profit margins. The company’s cash flow remains stable, although the debt-to-equity ratio requires close monitoring. Liquidity appears robust, ensuring operational stability. Recent insider trading trends indicate modest acquisition, symbolizing confidence in the stock’s future.

Technical Analysis & Price Trends of Gemfields Group Ltd

Key technical indicators suggest:
– **Moving Averages:** The current 50-day moving average undercuts the 200-day, indicating a bearish trend.
– **RSI (Relative Strength Index):** Positioned below 30, the share is oversold.
– **MACD:** Showing momentum decline, potential reversal expected.
– **Support & Resistance Levels:** Major support at R1.30, resistance near R1.55.
– **Volatility & ATR (Average True Range):** Moderate volatility, with potential for breakout on improved volume.

Market Conditions & Sector Impact for Gemfields Group Ltd

The current macroeconomic environment, characterized by fluctuating interest rates and steady inflation, exerts pressure on mining shares. Currency movements, particularly the Rand’s instability, impact earnings visibility. Regulatory shifts within the mining sector may compel operational changes. Sector dependency on economic cycles suggests cautious forward-looking strategies.

Investment Insights for Gemfields Group Ltd

– **Entry Point:** Suggested entry range around R1.30.
– **Exit Point:** Suggested profit-taking range near R1.55.
– **Risk Factors:** Potential concerns include currency volatility and regulatory changes.

Step-By-Step Guide to Buying Shares of Gemfields Group Ltd

1. **Open a Trading Account:** Choose reputable platforms for trading JSE-listed stocks.
2. **Verify Your Account:** Complete email/phone verification.
3. **Enable Two-Factor Authentication (2FA):** Ensure security best practices.
4. **Complete KYC Verification:** Fulfill identity verification requirements.
5. **Familiarize Yourself with the Trading Dashboard:** Learn platform’s features.
6. **Deposit Funds:** Use methods like EFT or credit card.
7. **Start Investing:** Search for Gemfields Group Ltd and trade.

Final Section: Actionable Financial Advice

Given Gemfields Group Ltd’s current performance, investors should HOLD the share if prices move ABOVE the R1.55 resistance level. Monitor macroeconomic developments and sector conditions to refine your strategy.

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