Petra Diamonds (PDL.L) Is Accused Of Violating Human Rights

The share prices of Petra Diamonds are remaining low since a rapid decrease happened at the beginning of 2020. It dropped by 10.05GBP in the first three months of 2020. If in 2020, the highest price was at 11.1000GBP, in 2021 it is only at 1.8700GBP. On the 21st of July, it opened at 1.6044GBP and closed at 1.8700GBP exceeding the previous close by 16.87%. The average volume is 12,7 million GBP, while the total volume is 124 million GBP. The EPS is -10.6000. Zenith Security guards at Petra Diamonds’ Williamson mine in Tanzania purposefully changed rubber bullets for a metal shot in their weapons, causing severe injury to local people shot on the company’s concession.

According to Petra, the company takes the allegations of human rights violations at the Williamson mine very seriously. Petra has agreed to provide information on the inquiry being conducted by an outside consultant in collaboration with our legal counsel.

Paul Meyer

Part-Time Reporter. Paul could do better in his engineering profession where he became a real pro. However, he chose the finance field to find a tranquil environment in his career. Today he creates a good number of great content for our team.

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