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BUZZ-Gem Diamonds: At 2-yr low as soft prices hurt stock

Reuters - UK Focus

** Diamond miner's shares down 3.6 pct after saying it achieved an avg price of $2,264 per carat in H1, down from $2,338 per carat in the preceding six months

** Diamond market seeing high inventories and continued liquidity concerns, co says

** Weak diamond prices have forced Anglo American (LSE: AAL.L - news) 's De Beers, the world's largest rough diamond producer by value, to cut its production

** Liberum analysts cut PT on stock to 210p from 250p, keep "buy" rating

** Stock at levels last seen in July 2013, with more than twice its 30 day avg volume having gone through by late morning (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)