Petra Diamonds Q3 production flat; Sees FY in line with guidance
Petra Diamonds Ltd.(DI)
40.10p
16:40 28/06/24
0.25%
0.10p
Third quarter production at Petra Diamonds was flat year on year at 999,768 carats compared with 995,905 carats.
FTSE 250
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17:14 28/06/24
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FTSE 350
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17:14 28/06/24
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Mining
10,379.34
17:14 28/06/24
-0.22%
-22.64
Production for nine months to 31 March 2017 was up 15% to 3,014,856 carats. Petra said it maintained full year production guidance of around 4.4m carats.
Revenue fell 1% in the quarter to $119.1m, with no revenue from exceptional diamonds. Nine month revenue rose 27% to $347.6m, including $10.9m from exceptional diamonds.