Kimberley Diamonds (KIM): Worst Performing Company of the Week

Submitted by Marco on 3 December, 2006 - 09:08

Kimberley Diamonds KIM Price Chart

Kimberley Diamonds (KIM) was the worst performing company of the week (Week 48 of 2006) in the Australian sharemarket (Loser of the week). The KIM company share price lost 9 percent over the week after their AGM and news of cost overruns.

Kimberley Diamonds NL is listed on the Australian Stock Exchange (ASX) under stock code KIM. You can view their investor website here. KIM was listed on the ASX on 4 January, 1994. The company is involved in Diamond Mining and Exploration. Kimberley Diamond Company's mining operations are based at its 100%-owned Ellendale Diamond Project, 140km east of Derby in Western Australia's Kimberley Region.Underpinned by its growing production base, Kimberley Diamond Company is an active diamond explorer, with programs geared to maximising the cash flow generation from its mining operations within the 124 square km Ellendale Mining Lease. Browse for Australian stockbroker recommendations. Check your charts and good luck with your share trading!