Botswana Diamonds PLC (LON:BOD) has been reiterated to Speculative Buy in a statement by Northland Capital earlier today.
- Updated: October 18, 2016
Boasting a price of 1.43GBX, Botswana Diamonds PLC (LON:BOD) traded -10.94% lower on the day. With the last stock price close down -25.12% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Botswana Diamonds PLC has recorded a 50-day average of 1.62GBX and a two hundred day average of 1.90GBX. Volume of trade was up over the average, with 1,370,947 shares of BOD changing hands over the typical 360,833
Northland Capital has reiterated Botswana Diamonds PLC (LON:BOD) to Speculative Buy in a statement released on 10/18/2016.
With a total market value of 0 GBX, Botswana Diamonds PLC has 52 week low of 0.70GBX and a 52 week high of 2.99GBX .
In addition to Northland Capital reporting its target price, a total of 1 firm has issued a report on the stock. The consensus target price is 1.00GBX with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Botswana Diamonds PLC (LON:BOD)
Botswana Diamonds plc is a diamond exploration and project development company. The Company holds exploration licenses in Botswana. The Company's segments are Botswana, Zimbabwe, Cameroon and South Africa. The Company holds interests in approximately 30 licenses, of which over 10 are in a joint venture with Alrosa Overseas SA (Alrosa) and approximately three licenses are owned by the Company. It has over 10 licenses located in the Orapa Region and approximately 10 in the Central Kalahari (Gope) Region, near the Ghagoo Diamond Mine. The Company also has rights over approximately 10 licenses in the Gope area of the Kalahari Desert. It holds other prospecting licenses in the Orapa Region, which include PL170/2012, PL166/2013 and PL167/2013, covering a total of approximately 730 square kilometers. The blocks are part of the Orapa kimberlite cluster on the Kaapvall craton. PL170 contains concentrations of diamond indicator minerals, including garnets, ilmenites, spinels and chromites.
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