Firestone Diamonds PLC (FDI) Stock Rating Reaffirmed by Macquarie
Firestone Diamonds PLC (LON:FDI)‘s stock had its “outperform” rating restated by equities researchers at Macquarie in a research report issued to clients and investors on Tuesday. They presently have a GBX 45 ($0.59) price objective on the stock. Macquarie’s price target indicates a potential downside of 0.55% from the stock’s previous close.
Separately, FinnCap reiterated a “buy” rating and issued a GBX 51 ($0.67) target price on shares of Firestone Diamonds PLC in a research report on Wednesday, June 15th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 38.80 ($0.51).
Shares of Firestone Diamonds PLC (LON:FDI) opened at 45.65 on Tuesday. The firm’s market cap is GBX 141.09 million. The company has a 50 day moving average of GBX 42.43 and a 200-day moving average of GBX 33.14. Firestone Diamonds PLC has a 12-month low of GBX 14.98 and a 12-month high of GBX 47.00.
About Firestone Diamonds PLC
Firestone Diamonds plc is a United Kingdom-based diamond development company. The Company is focused on its Liqhobong Diamond Mine (Liqhobong), which is located in the Kingdom of Lesotho (Lesotho). The Company’s Liqhobong Diamond Mine is located in the head of the Liqhobong Valley in the Maluti Mountains of northern Lesotho.
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