The best diamond stocks depend on your portfolio and investment goals—while volatility can be ideal for day traders, long-term investors will want to look for stocks with steadier gains over time.
You'll also want to consider which stocks are easy to buy. Many diamond stocks are located on non-US exchanges, which means you'll need a brokerage account that offers access to international stocks. Different brokerages offer access to different exchanges, so, if you're interested in a specific non-US stock, you'll want to check if it's available through your trading platform.
4 popular diamond stocks to watch
We round up a selection of stocks in or related to the precious gem industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | Stock price | Market cap | Exchange | Trade volume | Buy on Interactive Brokers |
|---|---|---|---|---|---|
| Brilliant Earth Group (BRLT.US) | $1.30 | $128.6 million (USD) | The New York Stock Exchange | 47,785 | |
| Rio Tinto ADR (RIO.US) | $83.15 | $146.1 billion (USD) | NYSE | 5,079,900 | |
| Signet Jewelers (SIG.US) | $89.05 | $3.5 billion (USD) | NYSE | 3,997,975 | |
| Lucara Diamond (LUC.TO) | C$0.27 | $416.8 million (CAD) | Toronto Stock Exchange | 40,812 |
What to look for when investing in diamond stock
The precious gem industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering diamond stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in diamond stock
- Research the precious gem industry. Before investing, learn about the diamond stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the diamond stock(s) to buy. Search by company name or ticker symbol, like BRLT or RIO. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Compare trading platforms to buy diamond stock
You can buy diamond stocks from Canada with a brokerage platform below that offers access to international exchanges. Note that the dollar amounts in the table below are in Canadian dollars.Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Are diamond stocks a good investment?
While it's possible to turn a profit investing in diamond stocks, keep in mind that—like any investment—diamond stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the precious gem industry, so carefully vet your picks before you invest.What are the best diamond stocks?
A lot of factors go into picking the best diamond stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong diamond stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular diamond stocks in or related to the precious gem industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some diamond stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each diamond stock below. Keep reading to decide if any of these companies are the right investment for you.
Brilliant Earth Group (BRLT)
Brilliant Earth Group, Inc. designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company offers diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry.
| Closing stock price | $1.30 |
|---|---|
| Market Capitalization | $128.6 million |
| Gross profit (TTM) | $251.5 million |
| Profit margin | -0.83% |
| Revenue (TTM) | $437.5 million |
| Earnings per share (TTM) | -$0.25 |
| 52-week stock price range | $1.17 – $3.10 |
Rio Tinto ADR (RIO)
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore; Aluminium and lithium; and Copper segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia.
| Closing stock price | $83.15 |
|---|---|
| Market Capitalization | $146.1 billion |
| Gross profit (TTM) | $16.2 billion |
| Profit margin | 17.29% |
| Revenue (TTM) | $57.6 billion |
| Earnings per share (TTM) | $6.08 |
| 52-week stock price range | $49.07 – $98.77 |
Signet Jewelers (SIG)
Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Zales Jewelers, Jared Jewelers, Diamonds Direct, Banter by Piercing Pagoda, Peoples Jewellers, and Rocksbox brands, as well as operates online through its digital brands, James Allen and Blue Nile.
| Closing stock price | $89.05 |
|---|---|
| Market Capitalization | $3.5 billion |
| Gross profit (TTM) | $2.7 billion |
| Profit margin | 2.13% |
| Revenue (TTM) | $6.8 billion |
| Earnings per share (TTM) | $3.32 |
| 52-week stock price range | $49.21 – $109.48 |
Lucara Diamond (LUC)
Lucara Diamond Corp. , a diamond mining company, engages in the development and operation of diamond properties in Africa. The company holds a 100% interest in the Karowe mine located in Botswana.
| Closing stock price | C$0.27 |
|---|---|
| Market Capitalization | C$416.8 million |
| Gross profit (TTM) | C$64.7 million |
| Profit margin | 16.36% |
| Revenue (TTM) | C$159.7 million |
| Earnings per share (TTM) | C$0.08 |
| 52-week stock price range | C$0.16 – C$0.40 |
Bottom line
If you're considering adding diamond stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of diamond stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the precious gem industry to know when to buy, sell or hold.Frequently asked questions about diamond stocks
Sources
Check these other commodities and investment sectors
If you're thinking about diversifying your portfolio and investing in sectors beyond diamond stocks, here are some others you can consider:More guides on Finder
-
Qtrade promotions available now
New to Qtrade? Check out available promotions and offer codes on now.
-
Questrade promotions and offer codes
New to Questrade? Check out available promotions and offer codes on now.
-
Trading promos & investment account bonuses for 2026
Enjoy perks like free trades and cash back when you open a stock trading account with these online broker promotions.
-
Where to invest money in Canada
What’s the best way to invest money in Canada? Find out how to invest money via stocks, bonds, index funds and more.
-
6 platinum stocks to watch
Want to invest in precious metals companies? We’ve put together a list of platinum stocks you should keep your eye on.
-
12 saas stocks to watch
Want to invest in software-as-a-service companies? We’ve put together a list of SaaS stocks you should keep your eye on.
-
Best renewable energy stocks
These are the best renewable energy stocks to buy now in Canada.
-
10 best trading platforms and apps in Canada for 2026
Whether you’re a new or experienced investor, these are the best stock trading platforms and apps in Canada.
-
Questrade vs Wealthsimple: Which is the better stock trading app?
Find out which trading platform might be the best fit for you based on your unique set of investment needs.
-
Qtrade vs Questrade: A full breakdown
Learn which of these popular trading platforms is the best fit for you depending on your unique investment needs.