Breaking Finance News

A statement released earlier today by Barclays Capital about Petra Diamonds Ltd (LON:PDL) maintains the target price at 145.00GBX

Boasting a price of 0.00GBX, Petra Diamonds Ltd (LON:PDL) traded 1.17% higher on the day. With the last stock price close down 0.26% relative to the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of 115.91GBX and 200-day moving average of 114.53GBX. Volume of trade was was down over the average, with 295,440 shares of PDL changing hands under the typical 1,031,140 shares.

Petra Diamonds Ltd (LON:PDL) had its target price hold steady to 145GBX by Barclays Capital in a report released 9/20/2016. The updated target price suggests a potential unlikely upside the company’s most recent stock close price.

On 9/19/2016, Canaccord Genuity released a statement for Petra Diamonds Ltd(LON:PDL) maintained the target price at 165.00GBX that indicated a possible upside of 0.45%.

Performance Graph:

Petra Diamonds Ltd (LON:PDL)

In addition to Barclays Capital reporting it’s stock price target, a total of 17 brokers have issued a ratings update on the company. The one year target price is 1.90GBX with eight firms rating the stock a strong buy, six analysts rating the company a buy, three analysts rating the stock a hold, 0 rating the company to underperform, and finally 0 analysts rating the stock as sell.

With a market cap of 0.0 GBX, Petra Diamonds Ltd has a PE of 43 with a one-year low of 52.77GBX and a one-year high of 138.00GBX.

General Information About Petra Diamonds Ltd (LON:PDL)

Petra Diamonds Limited is a diamond mining company and a supplier of rough diamonds to the international market. The Company’s segments include Mining and Exploration. Its Mining segment is engaged in the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. Its Exploration segment is engaged in exploration activities in Botswana. It has interests in five producing mines: Finsch, Cullinan, Koffiefontein and Kimberley Underground, all of which are located in South Africa, and Williamson, which is located in Tanzania. Finsch covers an area of approximately 18 hectares, Cullinan covers an area of approximately 32 hectares and Koffiefontein covers an area of approximately 11 hectares. The Kimberley Underground operation consists of three kimberlite pipe mines: Bultfontein, Dutoitspan and Wesselton, and with a total area of approximately 30 hectares. Williamson is an open pit operation based upon approximately 146 hectare Mwadui kimberlite pipe.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.