Stornoway Diamond Co. (TSE:SWY) is scheduled to be releasing its earnings data before the market opens on Monday, August 14th. Analysts expect Stornoway Diamond to post earnings of ($0.01) per share for the quarter.

Shares of Stornoway Diamond Co. (SWY) opened at 0.80 on Monday. Stornoway Diamond Co. has a 52-week low of $0.69 and a 52-week high of $1.33. The stock has a market capitalization of $662.93 million and a PE ratio of 16.67. The stock’s 50 day moving average is $0.79 and its 200 day moving average is $0.83.

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SWY has been the subject of a number of recent analyst reports. TD Securities lowered their price target on shares of Stornoway Diamond from C$0.95 to C$0.90 and set a “hold” rating for the company in a report on Thursday, May 11th. Royal Bank Of Canada lowered shares of Stornoway Diamond from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from C$1.30 to C$0.90 in a report on Monday, July 10th.

In related news, Director Patrick Godin sold 250,000 shares of the firm’s stock in a transaction on Tuesday, July 25th. The shares were sold at an average price of C$0.82, for a total transaction of C$205,000.00.

About Stornoway Diamond

Stornoway Diamond Corp is a Canada-based diamond exploration and development company. The Company is principally engaged in the acquisition, exploration and development of diamond properties. The Company’s principal focus is its Renard Diamond Project located in north-central Quebec, a project in construction.

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