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finnCap announced Firestone Diamonds PLC (LON:FDI), bumping up its stock price target to 63.00GBX today

In a report released on Thursday October 06, 2016 finnCap increased the stock price target of Firestone Diamonds PLC (LON:FDI) from 52.00GBX to 63.00GBX reporting a possible upside of 0.22%.

Previously on Tuesday September 20, 2016, Macquarie reported on Firestone Diamonds PLC (LON:FDI) held steady the target price at 45.00GBX. At the time, this indicated a possible downside of -0.01%.

Just yesterday Firestone Diamonds PLC (LON:FDI) traded 0.96% higher at 51.50GBX. Firestone Diamonds PLC’s 50-day moving average is 45.76GBX and its 200-day moving average is 35.48GBX. The last closing price is up 47.97% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 151,817 shares of FDI traded hands, down from an average trading volume of 212,559

Recent Performance Chart

Firestone Diamonds PLC (LON:FDI)

Firestone Diamonds PLC has 52 week low of 14.98GBX and a 52 week high of 53.00GBX and has a market capitalization of 0 GBX.

In addition to finnCap reporting its stock price target, a total of 6 brokers have issued a research note on the company. The average stock price target is 0.52GBX with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Firestone Diamonds PLC (LON:FDI)

Firestone Diamonds plc is a United Kingdom-based diamond development company. The Company is focused on its Liqhobong Diamond Mine (Liqhobong), which is located in the Kingdom of Lesotho (Lesotho). The Company's Liqhobong Diamond Mine is located in the head of the Liqhobong Valley in the Maluti Mountains of northern Lesotho. The Company's other project also includes BK11 diamond mine. The Company also owns the Lahtojoki project in Finland. The BK11 kimberlite mine is located in the Orapa kimberlite field in northern Botswana. BK11 is located approximately 10 kilometers west and approximately 20 kilometers southeast of De Beers' Letlhakane and Orapa mines, and is within approximately five kilometers of Lucara's Karowe mine.

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