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Canaccord Genuity announced Petra Diamonds Ltd (LON:PDL), keeping its stock price target at 165.00GBX today

Stating a possible upside of 0.46%, Canaccord Genuity held the target price of Petra Diamonds Ltd (LON:PDL) at 165GBX.

On Monday September 19 2016, Canaccord Genuity released a statement for Petra Diamonds Ltd(LON:PDL) upped the target price at 165.00GBX. At the time, this suggested an upside of 0.45%.

Yesterday Petra Diamonds Ltd (LON:PDL) traded 0.44% higher at 113.13GBX. The company’s 50-day moving average is 115.52GBX and its 200-day average is 114.84GBX. The last stock close is down 1.60% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. 272,684 shares of PDL traded hands, down from ann avg. trading volume of 1,038,230.

Recent Performance Graphic:

Petra Diamonds Ltd (LON:PDL)

With a market capitalization of 0.0 GBX, Petra Diamonds Ltd has a P/E of 42 with a one-year low of 52.76GBX and a 52 week high of 138.00GBX.

A total of 17 equity analysts have released a research note on the stock. Eight analysts rate the stock a strong buy, six analysts rate the company a buy, three analyts rate the stock a hold, 0 rate the company to underperform, and finally 0 analystsrate the stock as sell with a one year target of 1.90GBX

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.

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