FinnCap Boosts Firestone Diamonds PLC (FDI) Price Target to GBX 63
Firestone Diamonds PLC (LON:FDI) had its price objective lifted by research analysts at FinnCap from GBX 52 ($0.68) to GBX 63 ($0.82) in a research report issued on Thursday. The brokerage presently has a “buy” rating on the stock. FinnCap’s price objective points to a potential upside of 20.00% from the stock’s previous close.
Separately, Macquarie raised Firestone Diamonds PLC to an “outperform” rating and set a GBX 45 ($0.59) price objective for the company in a report on Tuesday, July 12th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of GBX 41 ($0.54).
Firestone Diamonds PLC (LON:FDI) traded up 0.96% during trading on Thursday, hitting GBX 52.50. The stock had a trading volume of 151,817 shares. The stock’s 50-day moving average is GBX 45.85 and its 200 day moving average is GBX 35.43. The firm’s market cap is GBX 162.27 million. Firestone Diamonds PLC has a one year low of GBX 14.98 and a one year high of GBX 53.00.
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In related news, insider Lucio Genovese purchased 1,000,000 shares of the business’s stock in a transaction dated Thursday, September 22nd. The stock was bought at an average cost of GBX 44 ($0.57) per share, with a total value of £440,000 ($574,337.55).
About Firestone Diamonds PLC
Firestone Diamonds plc is a United Kingdom-based diamond development company. The Company is focused on its Liqhobong Diamond Mine (Liqhobong), which is located in the Kingdom of Lesotho (Lesotho). The Company’s Liqhobong Diamond Mine is located in the head of the Liqhobong Valley in the Maluti Mountains of northern Lesotho.
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