Stellar Diamonds PLC (STEL) Rating Reiterated by Beaufort Securities
Stellar Diamonds PLC (LON:STEL)‘s stock had its “speculative buy” rating reissued by stock analysts at Beaufort Securities in a research report issued on Monday. They currently have a GBX 10 ($0.13) target price on the stock. Beaufort Securities’ target price would suggest a potential upside of 207.69% from the company’s current price.
Separately, Shore Capital reiterated a “not rated” rating on shares of Stellar Diamonds PLC in a research report on Monday, July 3rd.
Shares of Stellar Diamonds PLC (LON STEL) opened at 3.25 on Monday. The company has a 50-day moving average of GBX 3.57 and a 200-day moving average of GBX 5.03. Stellar Diamonds PLC has a 1-year low of GBX 2.75 and a 1-year high of GBX 9.85. The firm’s market cap is GBX 1.03 million.
In other Stellar Diamonds PLC news, insider Hansjörg Plaggemars acquired 587,862 shares of the business’s stock in a transaction on Monday, September 11th. The stock was purchased at an average price of GBX 3 ($0.04) per share, for a total transaction of £17,635.86 ($23,433.24).
About Stellar Diamonds PLC
Stellar Diamonds plc is a United Kingdom-based company, which is engaged in the acquisition, exploration, development and production of diamond properties in the West African countries of Sierra Leone and Guinea. The Company’s segments include Mandala/Bomboko (Guinea); Kono (Sierra Leone); Tongo (Sierra Leone); Droujba (Guinea); Baoule (Guinea), and Corporate and other activities.
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