A statement released earlier today by Canaccord Genuity about Petra Diamonds Ltd (LON:PDL) maintains the target price at 165.00GBX
- Updated: September 25, 2016
Canaccord Genuity hold steady the target of Petra Diamonds Ltd (LON:PDL) at 165.00GBX stating a potential upside of 0.41%.
On 9/20/2016, Macquarie released a statement for Petra Diamonds Ltd (LON:PDL) maintained the target price at 140.00GBX that suggested an upside of 0.24%.
Boasting a price of 117.38GBX, Petra Diamonds Ltd (LON:PDL) traded 2.28% higher on the day. With the last stock price close up 6.97% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Petra Diamonds Ltd has recorded a 50-day average of 115.95GBX and a two hundred day average of 115.00GBX. Volume of trade was up over the average, with 1,823,865 shares of PDL changing hands over the typical 1,057,880
With a total market value of 0 GBX, Petra Diamonds Ltd has price-earnings ratio of 12.18 with a one year low of 52.76GBX and a one year high of 138.00GBX .
A total of 17 equity analysts have released a ratings update on PDL. Eight equity analysts rating the company a strong buy, six equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 1.90GBX.
Brief Synopsis 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, with a total area of approximately 30 hectares. Williamson is an open pit operation based upon approximately 146 hectare Mwadui kimberlite pipe.
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