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Shares of Diamondcorp Plc (LON:DCP) have earned an average recommendation of “Buy” from the eight analysts that are currently covering the company, StockRatingsNetwork.com reports. Eight investment analysts have rated the stock with a buy recommendation, The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 209.85 ($3.52).

Several analysts have recently commented on the stock. Analysts at Northland Capital Partners reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Wednesday. They now have a GBX 9.90 ($0.17) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Wednesday. They now have a GBX 19 ($0.32) price target on the stock. Finally, analysts at Northland Securities reiterated a “buy” rating on shares of Diamondcorp Plc in a research note on Wednesday. They now have a GBX 9.90 ($0.17) price target on the stock.

Shares of Diamondcorp Plc (LON:DCP) traded up 3.53% during mid-day trading on Wednesday, hitting GBX 6.60. The stock had a trading volume of 1,350,101 shares. Diamondcorp Plc has a 52-week low of GBX 3.00 and a 52-week high of GBX 6.50. The stock’s 50-day moving average is GBX 5.82 and its 200-day moving average is GBX 5.59.

DiamondCorp plc is a United Kingdom-based diamond producer. The Company’s 74%-owned Lace diamond mine is located 200 kilometers southwest of Johannesburg in the Free State Province of South Africa.

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