Stornoway Diamond Co. (SWY) Set to Announce Quarterly Earnings on Thursday
Stornoway Diamond Co. (TSE:SWY) will issue its quarterly earnings data after the market closes on Thursday, November 2nd.
Shares of Stornoway Diamond Co. (TSE:SWY) opened at 0.62 on Thursday. Stornoway Diamond Co. has a 52 week low of $0.62 and a 52 week high of $1.25. The firm’s 50-day moving average is $0.75 and its 200 day moving average is $0.79. The firm has a market capitalization of $514.22 million and a PE ratio of 15.12.
A number of equities analysts have recently issued reports on SWY shares. BMO Capital Markets lowered their target price on shares of Stornoway Diamond from C$1.25 to C$0.80 and set a “market perform” rating on the stock in a research report on Wednesday. TD Securities lowered their target price on shares of Stornoway Diamond from C$0.90 to C$0.85 and set a “hold” rating on the stock in a research report on Tuesday, August 15th. Finally, Royal Bank Of Canada lowered shares of Stornoway Diamond from a “sector perform” rating to an “underperform” rating and lowered their target price for the stock from C$0.90 to C$0.60 in a research report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of C$1.02.
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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