Firestone Diamonds PLC’s (FDI) “Outperform” Rating Reaffirmed at Macquarie
Firestone Diamonds PLC (LON:FDI)‘s stock had its “outperform” rating reiterated by research analysts at Macquarie in a research note issued on Wednesday. They currently have a GBX 60 ($0.78) price objective on the stock. Macquarie’s target price suggests a potential upside of 90.48% from the stock’s previous close.
Other research analysts have also issued research reports about the company. Investec reaffirmed a “buy” rating and set a GBX 37 ($0.48) price objective on shares of Firestone Diamonds PLC in a report on Wednesday, August 9th. FinnCap reaffirmed a “buy” rating and set a GBX 61 ($0.79) price objective on shares of Firestone Diamonds PLC in a report on Tuesday, August 8th. Five research analysts have rated the stock with a buy rating, Firestone Diamonds PLC has a consensus rating of “Buy” and a consensus price target of GBX 55.60 ($0.72).
Shares of Firestone Diamonds PLC (LON:FDI) opened at 31.50 on Wednesday. The company’s market capitalization is GBX 98.57 million. The company’s 50-day moving average is GBX 36.17 and its 200 day moving average is GBX 44.36. Firestone Diamonds PLC has a 12 month low of GBX 31.62 and a 12 month high of GBX 58.50.
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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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