Firestone Diamonds PLC (FDI) Earns Outperform Rating from Macquarie

Macquarie reissued their outperform rating on shares of Firestone Diamonds PLC (LON:FDI) in a research report sent to investors on Tuesday morning. The brokerage currently has a GBX 70 ($0.91) price objective on the stock.

FDI has been the subject of several other research reports. Royal Bank Of Canada boosted their price objective on Firestone Diamonds PLC from GBX 51 ($0.67) to GBX 52 ($0.68) and gave the company an outperform rating in a research report on Thursday, April 27th. Shore Capital reiterated a not rated rating on shares of Firestone Diamonds PLC in a research report on Wednesday, April 5th. Finally, FinnCap reiterated a buy rating and issued a GBX 63 ($0.82) price objective on shares of Firestone Diamonds PLC in a research report on Wednesday, April 5th. Four equities research analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and an average target price of GBX 62.75 ($0.82).

Shares of Firestone Diamonds PLC (LON:FDI) opened at 37.50 on Tuesday. The firm’s market cap is GBX 117.35 million. The firm’s 50-day moving average is GBX 41.54 and its 200-day moving average is GBX 47.03. Firestone Diamonds PLC has a 52-week low of GBX 36.50 and a 52-week high of GBX 58.50.

COPYRIGHT VIOLATION NOTICE: “[[title]]” was originally reported by [[site]] and is the property of of [[site]]. If you are viewing this article on another publication, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this article can be viewed at [[permalink]].

Firestone Diamonds PLC Company Profile

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.