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Southstone’s Diamond Sales Soar in 2024

Southstone’s Diamond Sales Soar in 2024

Southstone Minerals (TSE:SML) has released an update.

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Southstone Minerals Limited reports robust diamond sales from its Oena Diamond Mine in South Africa, with Q3 2024 sales totaling 432.01 carats at an average price of USD $1,353 per carat. The early Q4 2024 figures show even stronger results, with 164.11 carats sold at a striking average of USD $2,736 per carat, indicating a significant increase in value. The company’s overall sales from the start of the year have reached 796.5 carats, generating a gross revenue of USD $1,495,700.

For further insights into TSE:SML stock, check out TipRanks’ Stock Analysis page.

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