FinnCap Reiterates “Buy” Rating for Firestone Diamonds PLC (FDI)
Firestone Diamonds PLC (LON:FDI)‘s stock had its “buy” rating reiterated by FinnCap in a report issued on Thursday. They currently have a GBX 61 ($0.78) target price on the stock. FinnCap’s price target would indicate a potential upside of 46.99% from the company’s previous close.
Several other research firms have also commented on FDI. Macquarie reiterated an “outperform” rating and issued a GBX 70 ($0.89) price objective on shares of Firestone Diamonds PLC in a research note on Wednesday, March 29th. Shore Capital reissued a “not rated” rating on shares of Firestone Diamonds PLC in a research report on Wednesday, April 5th. Finally, Royal Bank Of Canada increased their target price on shares of Firestone Diamonds PLC from GBX 51 ($0.65) to GBX 52 ($0.66) and gave the company an “outperform” rating in a research report on Thursday, April 27th. Four investment analysts have rated the stock with a buy rating, Firestone Diamonds PLC currently has an average rating of “Buy” and a consensus target price of GBX 62.75 ($0.80).
Shares of Firestone Diamonds PLC (LON FDI) remained flat at GBX 41.50 during midday trading on Thursday. The company had a trading volume of 35,207 shares. Firestone Diamonds PLC has a 52-week low of GBX 28.50 and a 52-week high of GBX 58.50. The stock has a 50 day moving average of GBX 45.73 and a 200-day moving average of GBX 48.87. The stock’s market cap is GBX 129.86 million.
Firestone Diamonds PLC Company Profile
Firestone Diamonds plc is a United Kingdom-based company, which is engaged in diamond mining, exploration and development in southern Africa. The Company focuses on two principal geographic areas: Lesotho and Botswana. The Company’s segments include Lesotho, Botswana, and United Kingdom and other. The Company has two mines, Liqhobong in Lesotho where construction of the Liqhobong Mine Development Project is nearing completion and BK11 in Botswana, which remains on care and maintenance.
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