Patrick Godin Purchases 61,500 Shares of Stornoway Diamond Co. (SWY) Stock
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.
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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