Last 3.70 GBp
Change Today 0.00 / 0.00%
Volume 760.3K
PRG On Other Exchanges
Symbol
Exchange
London
Stuttgart
OTC US
As of 11:35 AM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

paragon diamonds ltd (PRG) Snapshot

Open
3.70 GBp
Previous Close
3.70 GBp
Day High
3.70 GBp
Day Low
3.70 GBp
52 Week High
07/22/13 - 8.00 GBp
52 Week Low
02/19/14 - 2.70 GBp
Market Cap
12.2M
Average Volume 10 Days
742.7K
EPS TTM
-0.0060 GBp
Shares Outstanding
331.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PARAGON DIAMONDS LTD (PRG)

Related News

No related news articles were found.

paragon diamonds ltd (PRG) Related Businessweek News

No Related Businessweek News Found

paragon diamonds ltd (PRG) Details

Paragon Diamonds Limited, together with its subsidiaries, engages in the mining, exploration, and development of mineral properties in Africa. The company is also involved in the acquisition of mineral resource licenses; and investment in other mineral exploration and development companies. It primarily explores for diamonds. The company focuses on diamondiferous kimberlite projects that include the Lemphane project covering an area of 6 hectares; the Motete project comprising 23 square kilometers; and the Motete Plateau project located in the Kingdom of Lesotho. It also holds interests in properties located in Zambia, Botswana, and Tanzania. The company was incorporated in 2010 and is based in St. Peter Port, the Channel Islands. Paragon Diamonds Limited is a subsidiary of Obtala Resources Limited.

21 Employees
Last Reported Date: 05/24/14
Founded in 2010

paragon diamonds ltd (PRG) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: 110.0K GBP
Executive Chairman
Total Annual Compensation: 135.0K GBP
Chief Financial Officer, Finance Director and...
Total Annual Compensation: 88.0K GBP
Compensation as of Fiscal Year 2013.

paragon diamonds ltd (PRG) Key Developments

Paragon Diamonds Limited Auditor Raises 'Going Concern' Doubt

Paragon Diamonds Limited filed its Annual on May 24, 2014 for the period ending Dec 31, 2013. In this report its auditor, Baker Tilly, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Paragon Diamonds Limited Announces Audited Consolidated Final Results for the Year Ended 31 December 2013

Paragon Diamonds Limited announced audited consolidated final results for the year ended 31 December 2013. For the year, the company reported loss before tax was £1.321 million against £1.114 million a year ago. Loss for the year from continuing operations was £1.321 million or 0.60 pence per diluted share against £1.114 million or 0.57 pence per diluted share a year ago. Loss attributable to owners of the parent was £1.321 million or 0.60 pence per diluted share against £4.881 million or 2.61 pence per diluted share a year ago. Net cash outflow from operations was £0.590 million against £0.952 million a year ago. Purchases of property, plant and equipment was £0.094 million against £0.272 million a year ago.

Paragon Diamonds Completes Lemphane Kimberlite Project Lease Terms

Paragon Diamonds has completed mining lease terms and is set to commence work on stage one production at its Lemphane Kimberlite project in the Kingdom of Lesotho. Paragon Diamonds has completed mining lease terms and is set to commence work on stage one production at its Lemphane Kimberlite project in the Kingdom of Lesotho. The Lemphane Kimberlite project is one of the five known diamondiferous kimberlite pipes in the region and the only one that has no historic mining activity. The lease has been granted for an initial ten-year period and is renewable for three consecutive ten-year periods. It was issued under section 33 of the Mines and Minerals Act 2005. The approved programme of stage one production will target a minimum of 500,000t a year production rate to recover around 10,000 ct a year, at a minimum average value of $750 per ct. Stage one production is also intended to produce a maiden inferred resource at Lemphane and a definitive feasibility study for the second stage. The Lemphane's mining lease will be held by Meso Diamonds, which is 85%-owned by Paragon and 15%-owned by local Basotho shareholders. Under the terms of the mining lease deal, the Lesotho Government will hold 20% of the project, of which 10% will be free carried and the other 10% will be funded through project dividends.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PRG:LN 3.70 GBp 0.00

PRG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PRG.
View Industry Companies
 

Industry Analysis

PRG

Industry Average

Valuation PRG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PARAGON DIAMONDS LTD, please visit www.paragondiamonds.co. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.