Firestone Diamonds PLC (LON:FDI)‘s stock had its “buy” rating restated by research analysts at FinnCap in a research note issued on Tuesday. They presently have a GBX 61 ($0.79) price target on the stock. FinnCap’s target price would suggest a potential upside of 86.26% from the company’s previous close.
A number of other brokerages have also issued reports on FDI. Royal Bank Of Canada raised their price objective on shares of Firestone Diamonds PLC from GBX 51 ($0.66) to GBX 52 ($0.68) and gave the company an “outperform” rating in a report on Thursday, April 27th. Macquarie reiterated 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. Five investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of GBX 57.60 ($0.75).
Shares of Firestone Diamonds PLC (LON FDI) opened at 32.75 on Tuesday. The firm’s market cap is GBX 102.48 million. The stock’s 50 day moving average is GBX 38.78 and its 200 day moving average is GBX 45.65. Firestone Diamonds PLC has a 12 month low of GBX 28.00 and a 12 month high of GBX 58.50.
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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.

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