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Macquarie disclosed Firestone Diamonds PLC (LON:FDI), supporting its stock price target at 45.00GBX earlier today

Stating a possible downside of -0.01%, Macquarie held the price target of Firestone Diamonds PLC (LON:FDI) at 45GBX.

Previously on 9/09/2016, finnCap reported about Firestone Diamonds PLC(LON:FDI) raised the target price from 51.00GBX to 52.00GBX. At the time, this indicated a possible upside of 0.16%.

Only yesterday Firestone Diamonds PLC (LON:FDI) traded 0.66% lower at 45.25GBX. The company’s 50-day average is 42.23GBX and its two hundred day moving average is 32.85GBX. The last stock price is up 36.85% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. Volume of trade was down over the average, with 5,686 shares of FDI changing hands under the typical 217,378 shares..

Recent Performance Chart:

Firestone Diamonds PLC (LON:FDI)

Firestone Diamonds PLC has a one-year low of 14.98GBX and a 52 week high of 47.00GBX and has a total market value of 0.0 GBX.

In addition to Macquarie reporting it’s price target, a total of 6 firms have issued a research note on Firestone Diamonds PLC. The one year target stock price is 0.52GBX with two analysts rating the stock a strong buy, two analysts rating the company a buy, two firms rating the stock a hold, 0 rating the stock to underperform, and finally 0 analystsrating the stock as sell.

Brief Synopsis About 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 and is within approximately five kilometers of Lucara’s Karowe mine.

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