Australia's Burgundy Diamond Mines hits near 4-month high on sales jump

Burgundy Diamond Mines

21/12/2023 01:00

** Shares of Burgundy Diamond Mines  BDM.AX  jump as much as
7.5% to A$0.215, hitting their highest level since Aug 31
    ** Co says it has secured diamond sales of about $170 mln
for Q4 2023 to date, which is about 40% higher than pcp 
    ** Says it has sold all available rough diamond inventory in
Q4 except special stones that are consolidated for special
auctions
    ** BDM stock down about 33% YTD, as of last close 

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))