Shares in Gemfields have risen 14% in the last 30 days to trade as high as R1.85. 9% of these gains have taken place in the last 7 days.

Gemfields closed on Friday 11 October 2019 at R1.80, a steep discount to the reported Net Asset Value of R6.05/share.

Below is a breakdown of the intra-day price action of Gemfields since the start of October 2019:

We pulled recent Google search trend data related to Gemfields and Google data shows rising volumes (+40% for “Gemfields Group” and +80% for “Gemfields Share Price”).

The below graphic shows where Google search traffic is coming from with “Gemfields” as a search term (Blue) and “Gemfields Mining Company” (Yellow).

** NB – Australian search results will be slightly skewed as there is a clash with the Gemfields Australia (un-related)