Australia's Burgundy Diamond Mines rises on higher Q3 sales

Burgundy Diamond Mines

13/09/2023 01:51

** Shares of Burgundy Diamond Mines Ltd  BDM.AX  rise as
much as 12.9% to A$0.18, their biggest intraday percentage gain
since Dec 1, 2022 
    ** Co announces quarterly diamond sales performance, marks
sales of $90 mln for Q3 CY2023 to date, compared with $81 mln in
Q3 CY2022
    ** Co says it maintains a rough diamond pipeline inventory
of approximately $139 mln as of the end of August, which is in
addition to ongoing diamond production
    ** BDM stock down 48.3% this year, as of last close 

      


 (Reporting by Aishwarya Nair in Bengaluru)