Firestone Diamonds PLC (FDI) Receives “Under Review” Rating from FinnCap
A number of other brokerages have also recently commented on FDI. Macquarie restated an outperform rating and set a GBX 70 ($0.94) price target on shares of Firestone Diamonds PLC in a research note on Tuesday, July 18th. Investec restated a buy rating and set a GBX 37 ($0.50) price target on shares of Firestone Diamonds PLC in a research note on Wednesday, August 9th. Finally, Panmure Gordon cut their price target on shares of Firestone Diamonds PLC from GBX 68 ($0.91) to GBX 38 ($0.51) and set a buy rating for the company in a research note on Monday, September 11th. Four equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and an average price target of GBX 49.60 ($0.67).
Shares of Firestone Diamonds PLC (LON FDI) traded down 30.97% during mid-day trading on Friday, hitting GBX 19.50. The stock had a trading volume of 35,207 shares. Firestone Diamonds PLC has a one year low of GBX 28.00 and a one year high of GBX 58.50. The firm has a 50 day moving average of GBX 32.48 and a 200 day moving average of GBX 41.85. The stock’s market cap is GBX 61.02 million.
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About Firestone Diamonds PLC
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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