Firestone Diamonds PLC’s (FDI) “Buy” Rating Reaffirmed at FinnCap
A number of other research firms also recently commented on FDI. Macquarie restated an outperform rating and issued a GBX 70 ($0.91) price objective on shares of Firestone Diamonds PLC in a report on Tuesday, July 18th. Royal Bank Of Canada raised their price objective on Firestone Diamonds PLC from GBX 51 ($0.66) to GBX 52 ($0.68) and gave the stock an outperform rating in a report on Thursday, April 27th. Five equities research analysts have rated the stock with a buy rating, The stock has an average rating of Buy and a consensus price target of GBX 57.60 ($0.75).
Shares of Firestone Diamonds PLC (LON FDI) traded up 3.56% during mid-day trading on Tuesday, reaching GBX 32.75. 35,207 shares of the company traded hands. Firestone Diamonds PLC has a 52-week low of GBX 28.00 and a 52-week high of GBX 58.50. The company’s 50 day moving average is GBX 39.03 and its 200 day moving average is GBX 45.76. The stock’s market capitalization is GBX 102.48 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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