Diamondcorp PLC (LON:DCP) has been retained to Buy in a report by SP Angel today.
- Updated: October 18, 2016
SP Angel has retained Diamondcorp PLC (LON:DCP) to Buy in a report released on 10/18/2016.
Yesterday Diamondcorp PLC (LON:DCP) traded 48.78% higher at 3.05GBX. The company’s 50-day moving average is 5.26GBX and its 200-day moving average is 6.45GBX. The last stock close price is down -52.74% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 34,633,574 shares of DCP traded hands, up from an average trading volume of 2,735,820
Recent Performance Chart
Diamondcorp PLC has 52 week low of 1.00GBX and a 52 week high of 9.49GBX with a PE ratio of 30.50 and has a total market value of 0 GBX.
A total of 3 firms have reported on the stock. 2 brokerages rating the stock a strong buy, 1 broker rating the company a buy, zero brokerages rating the stock a hold, 0 brokerages rating the company a underperform, and finally zero analysts rating the company a sell with a one year target price of 17.03GBX.
About Diamondcorp PLC (LON:DCP)
DiamondCorp plc is a United Kingdom-based diamond producer. The Company is operating the Lace Diamond Mine. The Company's Lace diamond mine is located approximately 200 kilometers southwest of Johannesburg in the Free State Province of South Africa. The Company's segments include Lace Diamond Mines (Pty) Ltd and All other segments. Approximately 38.4 million tons of kimberlite have been outlined in the Lace pipe between the 240 meters and 855 meters level, containing over 9.4 million carats of diamonds at an average estimated reserve grade of approximately 24.4 carats per 100 tons. The Lace Diamond Mine operation is located in the northern part of the Free State province in South Africa, over 200 kilometers from Johannesburg, approximately 30 kilometers from Kroonstad and over 30 kilometers from Viljoenskroon.
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