Gemfields is the closest thing the coloured gemstone trade has to a major: it runs the world's biggest ruby mine and a quarter of global emerald supply, yet it is losing money and trading far below the value of its own assets. Full nameGemfields Group Limited Tickers / exchangeGML (JSE), GEM (London AIM) HeadquartersLondon, United Kingdom (registered in Guernsey) SectorBasic Materials — coloured gemstones Employees3,332 Market valueZAC 1.36 billion (US$1.36 billion) Yearly salesZAC 144.9 million (US$144.9 million) Net profit−ZAC 40.7 million (US$−40.7 million) Net margin−28.9% Return on equity−11.9% Price-to-earningsn/a (loss-making) …
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