Stornoway Diamond Co. (TSE:SWY) Director Patrick Godin purchased 61,500 shares of the stock in a transaction on Monday, November 27th. The shares were purchased at an average cost of C$0.70 per share, for a total transaction of C$43,050.00.

Shares of Stornoway Diamond Co. (TSE SWY) traded down C$0.02 during trading hours on Monday, reaching C$0.70. 274,876 shares of the company’s stock traded hands, compared to its average volume of 466,365. Stornoway Diamond Co. has a twelve month low of C$0.60 and a twelve month high of C$1.07.

SWY has been the topic of several analyst reports. TD Securities lowered their price target on shares of Stornoway Diamond from C$0.90 to C$0.85 and set a “hold” rating on the stock in a report on Tuesday, August 15th. BMO Capital Markets lowered their price target on shares of Stornoway Diamond from C$1.25 to C$0.80 and set a “market perform” rating on the stock in a report on Wednesday, October 25th. Finally, Royal Bank Of Canada downgraded shares of Stornoway Diamond from a “sector perform” rating to an “underperform” rating and lowered their price target for the company from C$0.90 to C$0.60 in a report on Thursday, October 12th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Stornoway Diamond currently has an average rating of “Hold” and a consensus target price of C$1.01.

ILLEGAL ACTIVITY WARNING: This article was originally published by American Banking News and is the property of of American Banking News. If you are reading this article on another website, it was stolen and republished in violation of international copyright laws. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/11/27/patrick-godin-purchases-61500-shares-of-stornoway-diamond-co-swy-stock.html.

Stornoway Diamond Company Profile

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.

Receive News & Ratings for Stornoway Diamond Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stornoway Diamond Co. and related companies with MarketBeat.com's FREE daily email newsletter.