1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
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Burgundy Diamond Mines Limited is an Australia-based end-to-end diamond company. The Company is focused on the mining, production and sale of polished fancy color diamonds through a vertically integrated business model. The Company operates through four segments: Australia, Canada, Peru and Botswana. The Company’s projects include Ellendale Diamond Project, Naujaat Diamond Project and La Victoria Gold and Silver Project, and an exploration alliance agreement in Botswana with Diamond Exploration Strategies Ltd (DES). The Company’s 100%-owned Ellendale Diamond Project is located in the West Kimberley region of Western Australia. The Naujaat Diamond project is located nine kilometers (km) northeast of the hamlet of Naujaat, Melville Peninsula, Nunavut. It comprises approximately 10,742 hectares (ha) of contiguous mineral leases. The La Victoria Gold/Silver Project is located in the prolific North-Central Mineral Belt of Peru.
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