Don’t give up on the diamond industry just yet

If diamond miner equities are a proxy, the sentiment surrounding the diamond industry is now at historically low levels. Just in the […]

Topics

Commodities

If diamond miner equities are a proxy, the sentiment surrounding the diamond industry is now at historically low levels. Just in the last two years, a basket of diamond producer stocks was down 28.9% in 2018, following a decline of 17.3% in 2017 (see Figure 1). This is in part due to idiosyncratic operational challenges that most all of the miners are dealing with in one way or another, however, investor sentiment is also undeniably low by valuation standards projected by future diamond price expectations. This has led to concerns spanning the industry’s future growth prospects and overall longer term economic viability. Continue reading at The Northern Miner.

Comments

Your email address will not be published. Required fields are marked *

Mar 27 2024 - Mar 28 2024
Apr 08 2024 - Apr 09 2024
Apr 15 2024 - Apr 16 2024
Apr 16 2024 - Apr 16 2024