Public Joint Stock Company ALROSA (ALRS.ME)
| Previous Close | 65.35 |
| Open | 65.50 |
| Bid | 67.51 x 230000 |
| Ask | 66.15 x 90000 |
| Day's Range | 64.95 - 66.35 |
| 52 Week Range | 64.95 - 77.28 |
| Volume | |
| Avg. Volume | 0 |
| Market Cap | 482.093B |
| Beta (5Y Monthly) | 0.53 |
| PE Ratio (TTM) | 5.30 |
| EPS (TTM) | 12.61 |
| Earnings Date | May 14, 2024 - May 21, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | May 31, 2024 |
| 1y Target Est | N/A |
- Investing.com
Alrosa halts diamond sales amidst sluggish market conditions
Alrosa PJSC, a major player in the global diamond mining industry, has announced a temporary halt in the sale of rough diamonds for September and October due to the current sluggish market conditions. Announced on Wednesday, the move is part of a broader strategy by the Russian state-controlled company to counteract declining demand trends in the diamond market.
- Reuters
UPDATE 3-G7 to launch Russian diamond ban in bid to curb revenues -Belgian officials
The Group of Seven (G7) countries is expected to announce an import ban on Russian diamonds in the next 2-3 weeks, Belgian officials told reporters on Friday, in a bid to tighten a squeeze on Russia's capacity to finance the war in Ukraine. The plan could transform the global diamond supply chain, but implementation will depend heavily on India, whose diamond industry employs millions of people who cut and polish 90% of the world's diamonds.
